What Is Resistance Level?
A resistance level is a price point where selling pressure historically prevents further price increase. Resistance forms at prices where previous buyers look to exit at breakeven or profit. In whale tracking context, resistance can be identified at price levels where whale distribution historically occurs. Sonar Tracker analytics reveal where whales tend to sell, providing on-chain resistance data that goes beyond what traditional price charts show. When whale selling clusters at specific price levels, those levels are likely to act as resistance.
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