#BreakoutTradingStrategy 📊 How to Trade Breakouts on Binance?**
✅ **1. Identify Key Areas**
- Use the *built-in TradingView tools* (horizontal lines, Fibonacci).
- Look for areas tested multiple times (the older they are, the stronger the breakout).
✅ **2. Confirm the Movement**
- **Volume**: A true breakout has a volume above average.
- **Candle Closures**: Wait for the price to stabilize above/below the level.
✅ **3. Enter the Position**
- **Spot**: Direct purchase of the asset.
- **Futures** (leverage): Long/Short position with a tight stop-loss.
✅ **4. Manage the Trade**
- **Take-Profit** = 1.5x to 3x the size of the previous range.
- **Stop-Loss** = Below the breakout level (for longs) or above (for shorts).