$SUI An altcoin breakout occurs when the price of a non-Bitcoin cryptocurrency surges above a key resistance level, often indicating a strong bullish trend. These breakouts are usually driven by market sentiment, positive news, or technical indicators such as increased trading volume and momentum. Traders closely monitor altcoins like Ethereum, Solana, and Cardano for breakout opportunities, aiming to capitalize on rapid price movements. A successful breakout may signal the beginning of a new uptrend, attracting both short-term and long-term investors. However, false breakouts can occur, so using stop-loss strategies and technical analysis is essential to manage risk effectively during such events.