#AltcoinBreakout Did you miss the launch?
While the focus is always on $BTC and **$ETH**, sometimes there are sudden price explosions in alternative currencies (Altcoins), and this is what we call a "Breakout".
💥 A Breakout occurs when a currency breaks a strong resistance level, after a period of consolidation or accumulation.
The result? A sudden and rapid rise that grabs the attention of traders and investors.
🔍 Live examples?
– $SOL when it broke through $30
– $LINK after surpassing the $10 range
– $OP and $INJ after explosive candles
But keep in mind:
Not every breakout is genuine. Technical confirmations are necessary (trading volume, clear break, closing above resistance).
📈 Profit opportunities are significant... but accurate analysis is crucial.
#AltcoinBreakout