#BreakoutTradingStrategy
Spotting breakouts can be a game-changer in crypto trading. A breakout happens when price moves outside a defined support/resistance level, often with increased volume.
Look for consolidation patterns like triangles or rectangles. When price breaks above resistance (or below support), it may signal a strong trend start.
Always confirm with volume, low volume breakouts can be false. Set stop-losses just inside the breakout zone to manage risk.
Breakouts work in any market, but crypto’s volatility means faster moves. Stay patient, wait for confirmation, and avoid chasing pumps. Trade smart!
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