A breakout trading strategy focuses on identifying key price levels where an asset breaks out of a consolidation range. When the price breaks through resistance or support with increased volume, it often signals the beginning of a new trend. A successful #BreakoutTradingStrategy requires identifying strong support and resistance zones, confirming the breakout with volume, and using risk management tools like stop-loss orders. Traders must avoid false breakouts by waiting for candle closings or retests. This strategy is especially effective in volatile markets and is favored by technical traders aiming for quick gains during strong price movements.