#BreakoutTradingStrategy

#BreakoutTradingStrategy is a popular trading technique used to capitalize on sharp price movements that occur when an asset breaks through a key support or resistance level. Traders look for consolidation zones or chart patterns like triangles, flags, or rectangles, and enter trades when the price “breaks out” with increased volume. A breakout above resistance may signal a bullish trend, while a drop below support may indicate a bearish move. Stop-loss orders are often placed just outside the consolidation range to manage risk. This strategy works best in volatile markets like crypto, where sudden breakouts can lead to significant profits.