The Breakout strategy is one of the strongest tools for traders looking for real opportunities.
The idea is simple but effective: you monitor support and resistance levels, and when the price breaks one of them strongly, you enter the trade with the new direction.
This type of trading requires discipline and quick decision-making, and it is preferable to use it with confirmation tools like volume or the relative strength index.
Personally, I rely on this strategy during strong market movements, especially during news events or after sideways accumulation.
The Binance platform provides advanced analysis tools that make applying this strategy more accurate and faster.
