Glossary
Resistance
Also written or said as: resistance level, ceiling, overhead supply
A price level where selling has stopped a rise before.
If a coin keeps reaching a $500,000 market cap and falling back, that level is resistance, often because people who bought there earlier sell as soon as they break even. A clean break through it can bring in new buyers. On young memecoins these levels are weak and break easily both ways.
This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.