#AltcoinBreakout *#AltcoinBreakout* refers to a *sudden surge in price* of an altcoin (any crypto that isnโ€™t Bitcoin), usually as it *breaks through key resistance levels* with strong volume.

๐Ÿ“ˆ What Signals a Breakout?

1. *Technical Indicators*

- Price breaks above resistance or consolidation zone

- High trading volume confirms momentum

- Indicators: RSI breakout, MACD crossover, Bollinger Band squeeze

2. *Catalysts*

- Major news: listings, partnerships, upgrades (e.g. ETH ETF, SOL integration)

- Whale accumulation or on-chain spikes

- Social media hype (memecoins especially)

3. *Breakout Types*

- *Bullish*: Price surges upward

- *Bearish*: Breakdown below support (still a "breakout" in reverse)

- *Fakeouts*: Temporary moves that quickly reverse โ€” watch for volume confirmation

๐Ÿ” Strategy Tip:

- Set alerts near resistance levels

- Confirm with volume + price close above resistance

- Use stop-loss below breakout level in case of fakeout