đ„ $TRUMP is gaining momentum! With a +6.90% surge in the last 24h, traders are wondering: Will the rally continue, or is a pullback incoming? Letâs analyze! đ
đ Market Sentiment:
đ© Bullish, But Overheated?
Official Trump ($TRUMP) is showing strong momentum, but some indicators suggest caution:
â«ïž RSI(14): Above 50 â Momentum favors bulls
â«ïž MFI: 85.09 â Strong buying pressure
â«ïž Upper Bollinger Band: $10.76 â Key breakout level
â«ïž H/L Range: $11.13 - $10.10
đĄ Key Takeaway?
If $TRUMP breaks and holds above $10.76, we could see a push toward $11.50 - $12.00. However, a rejection could send it back to $10.18 support.
đŻ Trading Idea:
đ© Potential Long Entry (Trend Continuation)
đč Buy Zone: $10.80 - $10.90 (Breakout confirmation above resistance)
đč Stop-Loss: $10.50 (Below recent support)
đč Take Profit: $11.50 - $12.00 (Next resistance levels)
đč Risk-Reward Ratio: 1:3
âïž Confirmation Before Entering:
â«ïž RSI above 55 â Momentum remains strong
â«ïž Sustained volume increase
â«ïž Break and hold above $10.76 resistance
đ„ Potential Short Entry (Overbought Rejection)
đč Sell Zone: $11.00 - $11.20 (If price struggles to break higher)
đč Stop-Loss: $11.50 (Above resistance level)
đč Take Profit: $10.30 - $10.10 (Retest of lower Bollinger Band)
đč Risk-Reward Ratio: 1:3
âïž Confirmation Before Shorting:
â«ïž Rejection from upper Bollinger Band ($10.76+)
â«ïž Weak volume on breakout attempts
â«ïž RSI dropping below 50 â Momentum fading
đ Key Metrics:
đ° Price: $10.86
â H/L: $11.13 | $10.10
đ 1H: +4.07%
đ 24H: +6.90%
â ïž 7D: -19.67%
â ïž 30D: -34.56%
đ ATH: $73.43 (-85.24%)
đ 24H Volume: $1.04B
đ Market Cap: $2.15B
đą Will $TRUMP break out or pull back? Drop your thoughts below! đ
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