In an uptrend, a breakout can be either genuine or a fakeout. The risk of chasing highs is that it’s impossible to distinguish between the two in real time, and jumping in blindly often leads to getting caught in a pullback during a fake breakout. A more solid approach is to wait for a retest confirmation. While not every breakout will give you a retest, if the price pulls back to a key level and holds, it signals structural continuation—making entries at this point much more reliable. Structures with retest confirmation offer clear stop-loss levels, a more favorable risk/reward ratio, and overall lower risk. These setups not only help control risk, but also provide a solid basis for scaling in. Currently, #SOL’s daily chart closely resembles the structure shown below. If a breakout occurs, you can look for trading opportunities using the retest confirmation logic.