What is another word for support level?
Pronunciation: [səpˈɔːt lˈɛvə͡l] (IPA) 
The term "support level" refers to the level at which a particular asset, such as a stock or a currency, is expected to experience demand and therefore avoid significant declines in price. Synonyms for this term include "floor level," "bottom level," "buy level," and "technical support level." Analysts use these terms interchangeably to refer to the same concept, which is essentially the lowest point that an asset should reach before rebounding in price. Understanding this level is important for investors, traders, and technical analysts who are looking to make strategic decisions about buying or selling a particular asset. By monitoring these levels, they can make informed decisions that can lead to more profitable outcomes.
