#BreakoutTradingStrategy BreakoutTradingStrategy

Breakout trading focuses on entering a trade when the price moves beyond a support or resistance level with volume. Traders believe that after a breakout, prices will continue in that direction. In crypto, this strategy is effective during periods of consolidation or low volatility. Key tools include Bollinger Bands, volume spikes, and support/resistance zones. However, false breakouts can occur, so using stop-losses is critical.