Horain Baloch
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The price of $TRUMP has been fluctuating significantly, with many investors holding on in hopes it will rise to $80 or even $100 in the near future. However, based on recent trends, it seems unlikely at this point. After its initial launch, the price dropped and has been stuck between $16 and $20, often bouncing between these levels. For those who bought at higher prices and are still holding, the price movements have been frustrating, with ups and downs between $16 and $20.
Currently, $TRUMP is trading at $16.52, reflecting continued bearish momentum after a sharp decline. It is testing a key support zone near $16.00, which could either lead to a breakout or further downside.
Long Trade Setup
Entry Price: $16.52
Resistance Level: $17.50
Take-Profit Targets:
TP1: $18.00
TP2: $19.00
TP3: $20.50
Stop-Loss: $15.80
Strategy: A bounce above $16.50 with increased volume could lead to a recovery toward the resistance levels. Watch for confirmation of bullish momentum.
Short Trade Setup
Entry Price: $16.52
Support Level: $16.00
Take-Profit Targets:
TP1: $15.50
TP2: $14.80
TP3: $14.00
Stop-Loss: $17.00
Strategy: If the price breaks below $16.00 with strong selling pressure, further declines toward lower support zones are possible.
Market Insight
$TRUMP /USDT remains in a consolidation phase following significant sell-offs. Keep a close eye on price action at the $16.00 level to determine the next trend. Given the volatility, tight stop-losses are recommended.
Currently, $TRUMP is trading at $16.52, reflecting continued bearish momentum after a sharp decline. It is testing a key support zone near $16.00, which could either lead to a breakout or further downside.
Long Trade Setup
Entry Price: $16.52
Resistance Level: $17.50
Take-Profit Targets:
TP1: $18.00
TP2: $19.00
TP3: $20.50
Stop-Loss: $15.80
Strategy: A bounce above $16.50 with increased volume could lead to a recovery toward the resistance levels. Watch for confirmation of bullish momentum.
Short Trade Setup
Entry Price: $16.52
Support Level: $16.00
Take-Profit Targets:
TP1: $15.50
TP2: $14.80
TP3: $14.00
Stop-Loss: $17.00
Strategy: If the price breaks below $16.00 with strong selling pressure, further declines toward lower support zones are possible.
Market Insight
$TRUMP /USDT remains in a consolidation phase following significant sell-offs. Keep a close eye on price action at the $16.00 level to determine the next trend. Given the volatility, tight stop-losses are recommended.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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