#BreakoutTradingStrategy

#BreakoutTradingStrategy

For BNB breakout plays, today’s key levels are ~$673 (resistance) and ~$668 support . A break above that narrow channel on solid volume could trigger a move towards $690–700, consistent with rebound patterns from Bollinger Band lows . Efficient breakout execution relies on entry above resistance with tight stop‑loss just below the channel. To reduce false breakouts, I wait for candle close confirmation and volume surge. Position sizing accounts for recent token burning effects, which tighten supply and increase potential upside . It’s a precise, disciplined approach—anticipating and acting on real-time supply shocks and volatility spikes.