#BreakoutTradingStrategy Breakout Trading Strategy Explained 📈

A Breakout Trading Strategy focuses on entering a trade when the price breaks through a key level of support or resistance with increased volume. It’s one of the most popular and effective strategies in both crypto and traditional markets.

🔍 Key Points:

Identify strong support/resistance zones

Watch for volume confirmation

Set stop-loss just below the breakout level (for longs)

Use targets based on previous price ranges or Fibonacci levels

💡 Tip: False breakouts happen! Always wait for candle close confirmation or retest before jumping in.