#BreakoutTradingStrategy
#BreakoutTradingStrategy (Breakout Trading Strategy)**
Have you noticed that some assets move strongly when breaking through key resistance or support levels? This is the breakout strategy! It relies on identifying **price channels** (ranges), and then entering a trade when the price breaks its boundaries with an increase in volume.
Example: If the price of "Solana" remains between $140-$150 for days, then breaking $151$ may indicate a strong upward move. **Beware of false breakouts**! Ensure that trading volume is high with the breakout.
