$TRUMP/USDT LONG TRADE SIGNAL – CAUTION ADVISED
Entry Price: $0.18 – $0.19
Target 1: $0.22
Target 2: $0.25
Final Target: $0.30
Stop Loss: $0.16
Why Long?
$TRUMP is currently trading around $0.1867, showing signs of stabilization after recent declines. However, a significant event is on the horizon: the unlocking of 40 million tokens, valued at approximately $320 million, is set to begin around April 17. This influx could lead to increased selling pressure, potentially driving the price down to $6 or $7, with some analysts predicting a drop to $3 by the end of May. Despite these concerns, if $TRUMP maintains support above $0.18 and breaks above $0.19 with volume, there could be a short-term opportunity for gains.
Risk Management Tip: Exercise caution due to the upcoming token unlock. If entering a position, consider adjusting your stop-loss after the first target is reached to secure gains and protect capital.
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