#BreakoutTradingStrategy

Breakout trading is one of my favorite strategies. It involves identifying key levels of support and resistance, and entering a trade when the price breaks out of that range with strong volume. For example, if BTC has been stuck between $60k and $62k, a breakout above $62k with high volume might signal a strong move up. I usually combine this with indicators like Bollinger Bands or volume spikes. Risk management is essential — fakeouts happen! A well-placed stop-loss can save your portfolio. When done right, breakout trading can catch strong price moves early.