A ranging market (sideways trend) usually has:
Similar/Equal Highs โ resistance
Similar/Equal Lows โ support
So, in short:
Uptrend: Higher Highs (HH) + Higher Lows (HL) ๐
Downtrend: Lower Highs (LH) + Lower Lows (LL) ๐
Ranging: Equal/Similar Highs + Equal/Similar Lows โ๏ธ
Price moves back and forth between support and resistance without making a clear higher-high/higher-low or lower-high/lower-low structure.