🔍 What is a Breakout?

#BreakoutTradingStrategy #Write2Earn

A breakout occurs when an asset’s price breaks through an established level of resistance (ceiling) or support (floor). This breakout often marks the beginning of a strong directional move.

Bullish Breakout: Price breaks above resistance → potential upward momentum

Bearish Breakout: Price breaks below support → potential downward trend