#BreakoutTradingStrategy 🚨 #BreakoutTradingStrategy – Master the Momentum! 📈
A breakout happens when price pushes above resistance or drops below support with strong volume, signaling a potential trend shift. 📊 According to Binance Academy, traders use this strategy to catch explosive moves early.
🛠 Pro Tip: Confirm breakouts with volume spikes or RSI to avoid fakeouts. Set stop-loss just below the breakout level.
“The trend is your friend – until it ends.” 💬
Breakouts often lead to fast gains, but smart risk management is key! 💡