# we mark Support and Resistance on the charts so you can check.
Support level: The breakout level of around 297.85 is now a support level.
Resistance level: The next resistance level to watch is around 463.80.
Support and resistance levels are price chart levels that limit the market's range of movement. The support level is where the price stops falling and bounces back up, while the resistance level is where the price stops rising and dips back down
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