#AltcoinBreakout refers to a significant surge in the price or trading volume of alternative cryptocurrencies (altcoins) beyond established resistance levels. This breakout often follows a period of consolidation and signals strong bullish momentum. Traders and investors watch closely for such movements, as they can indicate the start of a new trend or cycle. Key indicators for an altcoin breakout include increasing volume, positive sentiment, and technical chart patterns like ascending triangles or cup-and-handle formations. These breakouts can lead to rapid gains, especially in smaller-cap altcoins, making them attractive for short-term trading and speculative investing during favorable market conditions.