MCX

A trendline support zone acts as a dynamic floor where buying pressure consistently appears, preventing the price from falling further. It is drawn by connecting at least two or more swing lows with a straight line, showing the path where buyers have previously entered the market. Each time the price touches and bounces from this line, it confirms the strength of the support and the continuation of the uptrend. The more times the trendline is respected, the more reliable it becomes as a support area. However, if the price breaks below this line with strong volume, it signals weakening bullish momentum and a possible trend reversal.