$BNB #BreakoutTradingStrategy Breakout trading strategy primarily relies on confirming the strength of momentum through the trading volume accompanying the breakout. The best way to avoid false signals is to wait for the candle to close above or below the resistance or support level, not just a temporary price break. Using indicators like RSI or MACD helps assess the strength of the trend and determine if the breakout is genuine. Risk management involves placing a stop-loss close below or above the breakout level to minimize potential losses. Finally, splitting the trade into parts allows for gradually taking profits while monitoring market movements$B
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