support level

Questions

What does support level mean?

In technical analysis, a price level where the price tends to find support as it is going down, so it is more likely to "bounce" off this level rather than break through it. However, once the price has passed this level, by an amount exceeding some noise, it is likely to continue dropping until it finds another support level.

How to pronounce support level

1. Open the pronunciation page — Open the Speakur entry for “support level”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
3. Play the audio — Click Play to hear reference audio for “support level”.
4. Repeat and practice — Say “support level” aloud, matching stress and vowels until it feels natural.