support level
noun
: a price level on a declining market at which a security resists further decline due to increased attractiveness to traders and investors
called also support area
Examples of support level in a Sentence
Recent Examples on the Web
Investors are watching $90,000 as the key support level in bitcoin, and some have warned of an even deeper pullback toward $80,000 should the cryptocurrency meaningfully break below its support.
—
Tanaya MacHeel, CNBC, 3 Feb. 2025
There are additional technical support levels to watch that could make this rally sustainable.
—Schaeffer's Investment Research, Forbes, 24 Jan. 2025
Technical analysis shows support levels for gold at $2,750, assisted by simple moving averages around $2,648.
—Quartz Intelligence Newsroom, Quartz, 24 Jan. 2025
On the other hand, missing the high expectations may lead the stock to retest the $400 support level.
—Gurufocus, Forbes, 16 Jan. 2025
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Tanaya MacHeel, CNBC, 3 Feb. 2025
There are additional technical support levels to watch that could make this rally sustainable.
—Schaeffer's Investment Research, Forbes, 24 Jan. 2025
Technical analysis shows support levels for gold at $2,750, assisted by simple moving averages around $2,648.
—Quartz Intelligence Newsroom, Quartz, 24 Jan. 2025
On the other hand, missing the high expectations may lead the stock to retest the $400 support level.
—Gurufocus, Forbes, 16 Jan. 2025
See all Example Sentences for support level
Dictionary Entries Near support level
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“Support level.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/support%20level. Accessed 8 Feb. 2025.
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