In trading, a demand zone is an area on a price chart where buying interest is significantly strong, causing the price to bounce upward. It is the opposite of a supply zone, where selling pressure is dominant. Traders often use demand zones to identify potential entry points for buying, as the price is expected to rise from these levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.