Breakout

$PARAS A breakout point often acts as a strong support level when the price breaks above a key resistance with strong volume and sustained buying momentum. After the breakout, the price may retrace to test the breakout level, and if buyers step in and the price holds above this zone, the previous resistance turns into new support. This successful retest confirms the strength of the breakout and increases the probability of a continuation of the uptrend, making the breakout point an important demand zone for traders.