🔸 TRUMP/USDT – Pullback or Reversal? | Master Trade Analysis 🔸
Overview:
On the 1H timeframe,
$TRUMP is trading at $10.48, up +1.75%, with a 24H high of $12.47 and a low of $10.26. The price saw a sharp spike but is now pulling back near the mid-Bollinger band.
Technical Analysis:
🔹 Bollinger Bands: Price is hovering near the mid-band ($10.63), with support at $10.34.
🔹 RSI (6): 32.85, nearing oversold levels—potential bounce area.
🔹 MACD: DIF: 0.04, DEA: 0.07, MACD: -0.03, slight bearish divergence.
🔹 Volume: 416K, declining after a strong move.
🔹 MA (5 & 10): MA(5) 694K, MA(10) 621K, suggesting a short-term downtrend.
🔹 Stochastic (K/D/J): K: 17.43, D: 19.75, J: 12.78, deep in oversold territory—reversal possible.
Trade Strategy:
🔹 Support Zone: $10.30 - $10.00, key demand zone.
🔹 Resistance Levels: $10.90 - $11.00, first breakout test.
🔹 Stop-Loss Placement: Below $10.00 to limit downside risk.
🔥 Master Trade Setup 🔥
✅ Scalping: Buy $10.35, target $10.70, SL $10.20.
✅ Swing Trade: Buy $10.10, target $11.00, SL $9.90.
⚠️ Breakout Watch: A reclaim above $11.00 could trigger a move to $12.00.
🛡️ Risk Management:
🔹 Capital Allocation: Stick to 1-2% risk per trade.
🔹 Stop-Loss Discipline: Adjust SL as price moves up.
🔹 Risk-to-Reward Ratio: Maintain 1:2 or better.
🔹 Market Conditions: Wait for confirmation before entry.
💬 Will
$TRUMP bounce back or continue down? Share your thoughts below!
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⚠️ Always DYOR before trading! Crypto markets move fast, manage your risk wisely.
🔹 Data source: Binance
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