A trendline can act as resistance when price repeatedly

A trendline can act as resistance when price repeatedly approaches a downward-sloping trendline and gets rejected from it. In a downtrend, the trendline is generally drawn by connecting multiple lower highs. Each time price moves upward toward the trendline, sellers may become active, causing rejection and another decline. The more times the price respects the trendline, the more significant that resistance becomes. Key points: 📉 Downward-sloping trendline = potential resistance. 🔄 Multiple rejections strengthen the resistance. 📈 A decisive breakout above the trendline, preferably with strong volume, can signal a trend reversal or bullish momentum. After a breakout, the same trendline can sometimes change its role from resistance to support. Simple interpretation: Price below trendline → resistance → rejection → possible downside. Price breaks and sustains above trendline → resistance weakens → possible upside.