Support Levels:
Historical Lows: Previous significant low points where the price has found buying interest.
Psychological Levels: Round numbers or significant milestones often act as support (e.g., 4,000 or 3,500).
Moving Averages: Key moving averages, like the 50-day or 200-day, can also act as support levels.
Resistance Levels:
Historical Highs: Previous significant high points where selling pressure was strong.
Psychological Levels: Just as with support, round numbers or major levels (e.g., 4,200 or 4,500) can act as resistance.
Trendlines: Lines drawn connecting previous highs can serve as resistance.
Support Levels:
5,430
5,410
5,390
Resistance Levels:
5,470
5,490
5,510