The #BreakoutTradingStrategy is one of the most popular techniques in the world of crypto and traditional markets alike. It involves identifying key support and resistance levels and entering trades when the price “breaks out” of these levels with high volume. Breakouts often signal the start of a strong trend, giving traders the opportunity to ride the momentum early. However, fakeouts can occur, so risk management is critical. Using stop-loss orders and waiting for confirmation (like a retest) helps reduce risk. This strategy is ideal for traders who prefer action and fast-paced market moves. Timing and discipline are everything in breakouts.
