support level

American  

noun

Stock Exchange.

1. a minimum price below which a specific stock is not supposed to fall, as because of the stock's inherent worth.

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Etymology

Origin of support level

First recorded in 1950–55

Example Sentences

A strategist notes that the sector is once again testing a technical support level, which increases the likelihood that it will break that support.

From The Wall Street Journal • Apr. 9, 2026

Bitcoin was holding above the $60,000 support level while meeting resistance at $70,000, he said.

From The Wall Street Journal • Mar. 4, 2026

While the 200-day often serves as a reliable support level, some technical analysts think the ETF could break below it this time.

From MarketWatch • Feb. 15, 2026

Holding above that long-term support level would be considered a positive sign for bitcoin, Stockton said.

From MarketWatch • Dec. 1, 2025

Bitcoin’s losses accelerated once its price broke below $90,000, which many analysts view as a key support level.

From Barron's • Dec. 1, 2025