📈 What Is a Breakout? (Fast Guide for New Traders)

By BinancBillionaire

🔍 Understand the Basics

🔼 Resistance: Price keeps going up, then falls = ceiling.

🔽 Support: Price keeps falling, then bounces = floor.

🔁 Range: Price moves between support and resistance = sideways market.

💥 Breakout = Big Move Ahead

✅ Break Above Resistance = Entry point for buyers.

❌ Break Below Support = Entry point for short sellers.

🔁 Retest = Confirmation

After breakout, price may come back to the breakout level.

If it bounces again in the same direction, it’s called a retest — a safer entry.

🚨 Don’t Get Trapped

Fakeouts happen.

Entering too early = risky.

Waiting for a retest = smarter and safer.

📌 Key Takeaway

> “Patience beats panic. Retest confirms truth.”

Start slow, observe patterns, and enter only when it’s confirmed.

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