Glossary
Support
Also written or said as: support level, floor
A price level where buying has stopped a fall before.
If a coin keeps bouncing off a $200,000 market cap, buyers are stepping in there, and that level is support. When support breaks, the fall can speed up as stop-losses fire. Memecoin support is fragile: one big seller can slice straight through it.
Related words
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.