Certainly! Here’s a refined message for your support breakout trading strategy:
To trade a coin based on a support breakout, follow these steps for entry, stop loss, and take profit:
1. Entry Point
• Identify the Support Zone: Look for a clear support level where the price has previously rebounded.
• Confirm the Breakout: Wait for the price to break below the support level with high volume, indicating strong bearish momentum.
• Enter the Trade: After the breakout confirmation, enter a short position slightly below the broken support zone.
