#AltcoinBreakout refers to a sharp upward price movement of alternative cryptocurrencies (altcoins) beyond key resistance levels, often signaling the start of a bullish trend. These breakouts typically occur after periods of consolidation and are driven by market momentum, news, or technical indicators. Traders and investors closely watch altcoin charts for breakout patterns like triangles, flags, or wedges. A successful breakout can lead to rapid gains as FOMO (fear of missing out) kicks in. Altcoin breakouts often follow Bitcoin’s stability or rally and may signal a broader altcoin season. Proper risk management and confirmation are key when trading such moves.