$SUI The term price breakout for altcoins refers to a pivotal moment when prices move out of their sideways range towards a strong upward wave. This movement often follows a period of calm or accumulation and is accompanied by a noticeable increase in trading volume, indicating the entry of major players into the market.

šŸ“ˆ The most prominent signs of a bullish breakout:

Breaking historical resistances

Moving averages crossover

Chart patterns such as cup and handle or ascending triangle

āœ… If the breakout is confirmed, traders may achieve quick and substantial profits, making this opportunity valuable for those who can seize it.

āš ļø However, caution is required. Not all breakouts are genuine — some may be deceptive, so proper technical analysis and risk management are critical factors for success.

šŸ“š Sources: Binance Academy | Investopedia | Cointelegraph