#BreakoutTradingStrategy
The breakout trade strategy is all about catching the moment a coin breaks out of its usual price range — and riding the momentum. Traders watch for key levels of support and resistance. When the price suddenly surges past resistance (or drops below support), that’s the breakout — and it often signals a strong move in that direction.
It’s like waiting for a spring to snap — lots of buildup, and then boom, the move happens fast. Timing is everything. Volume confirmation is key too — if the breakout happens with strong volume, it’s usually more legit.
High risk? Yes.
High reward? Also yes.
