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ONDO Coin Today Analysis
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"I am listening to an Audio Live ""BTC এখন $112k এর আশেপাশে। আপনি হলে Long করতেন নাকি Short? 🤔"" on Binance Square, join me here: " https://app.binance.com/uni-qr/cspa/28651053003386?r=574428467&l=en&uc=app_square_share_link&us=copylink come Join us @Everyone follow me
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Real Breakout/ Fake Breakout $BTC In Binance chart analysis (or any trading analysis), a fake breakout (also called a false breakout) happens when the price moves above a resistance level or below a support level but fails to continue in that direction and quickly reverses back inside the previous range. 👉 Example: If Bitcoin breaks above a strong resistance level (say $65,000), traders may think a new uptrend has started. But if the price quickly falls back below $65,000, that’s a fake breakout. 📌 Key Points about Fake Breakouts: 1. Trap for Traders – Many traders enter positions on the breakout, but the reversal causes losses. 2. Liquidity Grab – Market makers or big players may push the price briefly to hunt stop-losses and trigger entries before reversing. 3. Volume Confirmation – A real breakout usually has high trading volume. If volume is weak, it may signal a fake breakout. 4. Common in Ranges – Fake breakouts often occur when the market is consolidating (sideways movement). ✅ How to Avoid Fake Breakouts: Wait for candle close above resistance/below support (not just a wick). Confirm with high volume. Use indicators like RSI, MACD, or moving averages to check momentum. Look for retests – sometimes, after breaking out, the price comes back to test the broken level before continuing. #CryptoBreakout #BinanceTrading #SmartInvesting
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