#BreakoutTradingStrategy Breakout trading** focuses on entering trades when the price surpasses critical support or resistance levels, indicating strong momentum and potential for big gains. However, fake breakouts—or *fakeouts*—can trap traders and cause losses if not detected properly.
💬 **What’s your approach to identifying and validating breakouts?** How do you filter out false signals and handle trades near key levels?
👉 **Post your strategy** with **#BreakoutTradingStrategy** to share your tips and earn Binance points!