$BNB The breakout trading strategy targets strong price movements when breaking through key support or resistance levels.

It waits to enter trades when the price closes above a fixed resistance or below solid support, confirming the momentum of the new trend.

High trading volumes during the breakout are a significant signal supporting price movement and increasing the chances of success.

Place stop-loss orders below the breakout point to protect capital from adverse fluctuations.

Aim to achieve quick profits by setting profit-taking levels at the next resistance areas.

This strategy thrives in clearly trending markets or during significant news periods that increase volatility.