#BreakoutTradingStrategy

#Breakout trading strategy

Breakout trading is a powerful strategy used by traders to capture strong price movements. In the case of #ETHUSDT. when Ethereum breaks above a key resistance level with high volume, it signals a potential upward trend. Traders often set entry points slightly above the breakout level and place stop-losses below support to manage risk. ETHUSDT’s breakout from $3,500 resistance recently triggered a bullish rally, confirming buyer strength. This strategy works best in volatile markets where price momentum can be strong. Always confirm breakouts with volume and avoid false signals to stay profitable.