#Write2Earn Here's an analysis for entry and exit points for the TRUMPUSDT pair on Binance:
Entry Point:
- Consider entering around $33 to $36. This range has been discussed as a potential accumulation zone, particularly if the price shows signs of a bullish breakout from a pattern like a head-and-shoulders or a triangle.
Exit Points:
- First Target (TP1): Set your first take-profit at $41.56, which aligns with resistance levels where selling might increase.
- Second Target (TP2): Aim for $51.38 if the bullish trend continues; this could be where the market might see some profit-taking due to previous highs or resistance.
- Third Target (TP3): For those looking for a significant move, $59 could be a target, corresponding to a Fibonacci retracement level or a potential breakout point.
Stop Loss:
- A stop-loss should be placed below $24.80 to safeguard against a sudden drop, especially if the market doesn't confirm the expected bullish trend.