Support, Resistance, and the S/R Flip

Support is a price level where buyers stepped in before — a floor. Resistance is a level where sellers appeared — a ceiling. These levels form because market participants remember prices where they made (or lost) money.

The more times a level is tested (touched), the stronger it becomes. A support level with 5 touches over 3 months is more significant than one with 2 touches over a week.

In Basejump, the Key Levels card shows your nearest support and resistance with a gradient bar showing current price position. Green = near support (potential bounce zone). Red = near resistance (potential rejection zone).

The S/R Flip is the most powerful signal in the system (strength 0.95 out of 1.0).

Here's what happens: price breaks above a resistance level that held for weeks or months. That old ceiling now becomes a floor — former sellers at that level are now underwater and less likely to sell again, while new buyers see it as a support level.

When Basejump detects an S/R Flip, it highlights it in the Setup Scorecard with the price level and its new classification. A bullish flip (resistance → support) combined with volume confirmation is one of the highest-probability setups you can find.

The setup detail page shows both the nearest support and resistance, how far the current price is from each (as a percentage), and how many touches each level has. The gradient bar gives you an instant visual read on where price sits in the range.