šŸš€ Breakout Trading Strategy – Quick Guide

Breakout trading helps you catch major moves early when price breaks key support/resistance levels with volume.

šŸ”‘ Core Elements:

• Consolidation Zone

• Breakout Level

• Volume Confirmation

• Retest Entry (Optional)

šŸ“ˆ How to Trade:

1. Spot tight price ranges

2. Set alerts

3. Enter on breakout w/ volume

4. Use stop-loss near breakout level

5. Target = height of previous range

šŸ’” Tips:

Avoid chasing late entries

Confirm with volume or retest

Check higher timeframes

Watch for news-driven volatility

šŸ“‰ Example:

$ETH breaks $3,600 on volume → retests → target $3,800

āš ļø Reminder: Breakouts = high reward + high risk. Use proper risk management.

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$ETH