🚨 New Traders Must Learn This: What Is a Breakout?

🔍 In Simple Words:

🔼 Resistance = Price goes up, then falls back down

🔽 Support = Price drops, then bounces back up

🔁 When price moves between these two = Rangebound Market

⚡ When a Breakout Happens:

✅ Breaks above resistance → Buyers jump in

✅ Breaks below support → Short sellers take action

🧪 Retest Matters:

Price often returns to the breakout level.

If it continues in the breakout direction after retest ➝ Confirmation.

📌 Key Lesson:

Don’t chase breakouts too early!

✅ Wait for a retest confirmation to enter safer — whether you're buying or shorting.

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