#BreakoutTradingStrategy
#BreakoutTradingStrategy
Breakout trading focuses on entering a trade when the price moves beyond a key support or resistance level with increased volume. Traders watch for consolidation zones and act quickly once the breakout happens. This strategy aims to catch strong price movements early. For example, if BNB/USDT breaks above a resistance level after days of sideways movement, it can signal a potential bullish run. Always confirm breakouts with volume and set stop-losses to avoid false signals. Breakout trading works best in volatile markets and requires quick execution and risk control.
