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$TRUMP /USDT Tonightās Trade Setup ā Catch the Memecoin Momentum! šØ
$TRUMP is currently trading at approximately $9.98 USDT, down $365M), highlighting strong interest in the meme coin spaceāÆīØ .
š Technical Highlights
Support Zone: $9.90ā$9.95 ā recent consolidation avoided a deeper dropāÆ.
Resistance Zone: $10.60ā$10.70 ā the next upside barrier after yesterdayās high near $10.70āÆ
šLong-Term View: Despite cooling off from January highs, the token remains within a descending channel ā bulls aim for a breakoutāÆ
šÆ Tonightās Trade Plan
1. Bullish Play:
Entry Range: $9.95ā$10.00 ā best to load after bottom-confirmation candle closes above $9.95.
š„Stop-Loss: Below $9.85 ā busts stop consolidation pattern.
Target 1: $10.60ā$10.70 ā prior resistance + psychological level.
Target 2: $11.00ā$11.20 if momentum surges.
2. Bearish / Bounce-Fade Play:
Trigger: Failure/rejection at $10.60ā$10.70.
Short Entry: Close over-extension candle > $10.70.
Target: $9.95 ā $9.85
Stop: Above $10.75
š” Risk & Strategy
Manage Risk: 1ā2% per trade.
Scale In: Break entry into 50% + 50% to avoid chasing.
Trail Stops: Move SL to breakeven after Target 1 hit.
Watch Volume: Strong volume boosts breakout potential; lack of follow-through signals fade setup.
š„ Why This Works Tonight
Solid support at $9.90ā$9.95 keeps buyers involvedāÆ.
šResistance at $10.70 is clear; a clean breakout can trigger a short-squeeze rallyāÆ
High volume and social momentum suggest active order flow even in a downturn, creating both bull and bear opportunities.
š£ Final Call:
Enter long around $9.95ā$10.00, risk below $9.85, aim for $10.60ā$10.70 first, then $11.00+ on follow-through. If resistance holds, consider a strategic short. Discipline = your edge for tonightās play. Trade with conviction!
#TRUMPPlay