🚨 What is the #BreakoutTradingStrategy?
Imagine that the price of a crypto is trapped in a "box" 📦
(it goes up and down within the same range)…
💥 Until it breaks out!
When the price breaks that range, many traders enter because:
➡️ A big trend may begin
➡️ There is strength behind the movement
📈 Easy example:
If BTC has been between $58K and $60K for days, and suddenly rises to $61K with strength…
👉 That's a breakout upwards!
Many buy there hoping it will go up more.
📉 It also works downwards: if it falls below strong support, it can continue to drop.
🧠 Golden tip:
Not all breakouts are real; some are traps. Confirm with volume or wait for a retest.
