#BreakoutTradingStrategy

The Breakout strategy is one of the most powerful intraday trading methods and relies on monitoring critical support and resistance levels. When resistance is broken, for example, liquidity begins to flow, and bullish momentum increases. Personally, I use this strategy with the $AVAX coin, where I monitor the sideways price range and enter immediately after it is broken with technical confirmations such as increased volume. The success of this strategy requires strict stop-loss adjustments and risk management. Do not enter before confirming a genuine breakout, not a false one.