Lighter (LITUSDT) is trending right now!

Rank: #70

** 🚀 **Why breakout trades work:** When price bursts through a well‑defined support/resistance level *with* rising volume, it signals that new buyers (or sellers) are entering the market aggressively. The move often continues for several candles, giving you a clear entry, stop‑loss and target zone. --- ### 1️⃣ Identify the Key Level (Support or Resistance) - **Look for:** - A horizontal zone where price has reversed **at least 2‑3 times** in the last 20‑30 candles. - Or a sloping trendline that has been respected repeatedly. **Example (BTC):** - On the 4‑hour chart, BTC has bounced off **8,200** three times since Aug 28. - Draw a horizontal line at 8,200 → this is your **resistance** level. **Example (ETH):** - ETH has found support near **,380** on the 2‑hour chart four times over the past week. - Mark ,380 as your **support** line. > 💡 *Tip:* Use the “Rectangle” drawing tool on TradingView/Binance chart to highlight the zone; it stays visible when you scroll. --- ### 2️⃣ Wait for a Volume‑Confirmed Breakout - **What to watch:** - A candle that **closes** beyond the level (above resistance for longs, below support for shorts). - The candle’s **volume** should be **≥ 1.5× the average 20‑period volume** (you can add a Volume MA). **Real‑time check (Sep 3 2026):** - BTC price: **1,526.44** (+5.50% 24h) – already above the 8,200 resistance. - 4‑hour volume at 20:00 UTC: **8.6 B** vs. 20‑period avg **$