#BreakoutTradingStrategy
đ Breakout Trading for Beginners â What is it exactly?
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đ„ Breakout = Break of a key level (resistance or support)
When the price breaks out of an area where it was âstuckâ, it often marks the beginning of a strong movement!
What to watch for:
â The volume that accompanies the breakout
â A pullback (return to the previous level) can be a nice entry
â Beware of false breakouts (FOMO traps)
đŻ Concrete example:
đŹ If $PEPE breaks the $0.0000015 level, with volume, it could quickly move towards $0.0000020 đ