🚀 TRUMP/USDT Update: Rebound Above MA200, Ready to Fly?📈
Hello Traders! AltcoinRadarID's monitoring on the 4H & 1H charts shows an interesting signal for token
$TRUMP . After consolidation, the price has started showing strong buying pressure.
Key Highlights:
Trend: Price has consistently held above MA(200) at 5.435, indicating the long-term trend remains bullish.
Momentum: RSI at 57-58 shows there's still room to move before entering overbought territory.
MACD: The histogram is beginning to shrink, with a potential Golden Cross on the 1H timeframe imminent.
Trading Plan:
🎯 Entry Zone: 5.490 – 5.510.
💰 Take Profit: 5.694 (Main Resistance) up to 6.000+.
TP 1: 5.69 - 5.70 (Testing the 24-hour high).
TP 2: 6.00 (Psychological round number level).
TP 3: 6.25 (Medium-term target if the trend continues).
🛡️ Stop Loss: 5.380 (Below daily support).
Meme/political coins have high volatility. Always use risk management and avoid FOMO! 🦅
What's your take? Go to $6 or a correction first? Comment below! 👇
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