$SUI

# Refers to a critical moment when the prices of alternative cryptocurrencies (altcoins) explode beyond their previous price range, indicating the beginning of a strong upward trend. This often occurs after a period of accumulation or stagnation in the market, usually accompanied by an increase in trading volume, which is considered a sign of large investors entering the market.

Some of the key indicators that precede the bullish breakout include: breaking historical resistance levels, moving average crossovers, or the emergence of technical patterns such as the cup and handle or ascending triangles. The success of this breakout can lead to significant gains in a short period, making it an important opportunity for traders.

However, caution should be exercised regarding false breakouts. Accurate technical analysis and risk management remain essential for achieving sustainable profits.

Source: Cointelegraph, Investopedia, Binance Academy