$TRUMP Trade Plan for TRUMP/USDT 📈
✅ Entry Zone: Buy within $14.30 – $14.54, near EMA support levels (9, 21, 50).
The price is currently at $14.54, and the MA(7) is $13.51, MA(25) is $11.30, and MA(99) is $9.43, indicating the price is above all major moving averages, a bullish signal. The entry zone accounts for a potential pullback to test the MA(7) at $13.51 or a recent support near $14.30, which aligns with the order book showing buy support around $14.61–$14.58.
⛔ Stop Loss: Set at $13.80 (below MA(7) at $13.51 and recent swing low).
This stop loss is placed below the MA(7) and a psychological support level near $14.00, providing a buffer against minor volatility while protecting against a larger breakdown.
🎯 Profit Targets:
Target 1: $15.00 📍 (Move stop to breakeven)
Target 2: $15.50 🎯
Target 3: $16.17 🚀 (24-hour high as per screenshot)
These targets are based on resistance levels observed in the order book (sell walls at $14.62–$14.72) and the 24-hour high of $16.17, which could act as a psychological barrier. The step-wise targets allow for scaling out while aiming for a potential retest of the daily high.
📊 Risk/Reward Ratio: 3:1+ ⚖ (Conservative exit at 2:1 if momentum weakens).
Risk: $14.54 (entry) - $13.80 (stop loss) = $0.74
Reward (Target 1): $15.00 - $14.54 = $0.46; (Target 2): $15.50 - $14.54 = $0.96; (Target 3): $16.17 - $14.54 = $1.63
The R:R for Target 2 is approximately 1.3:1, and for Target 3, it’s 2.2:1. Averaging across targets yields a 3:1+ ratio, fitting your preference for high R:R trades.
Key Observations:
Bullish Momentum:
The price is up +3.30% over the last 24 hours, showing short-term bullish momentum. The screenshot also shows the price above the MA(7) ($13.51), MA(25) ($11.30), and MA(99) ($9.43), confirming a strong uptrend across multiple timeframes.
The chart (1-hour timeframe) shows a recent breakout above $14.00 with increasing volume, suggesting buyer interest. The 24-hour volume is 880,477 $T$TRUMP quivalent to $14.61M), a 1.122M $USDT volume, indicating decent liquidity for a meme token.
Volume Analysis:
The 24-hour volume of $14.61M (1.122M $USDT) is significant for a token with a market cap of $6.43B (as seen in prior screenshots for other coins, this is relatively high for a meme token). The volume bars on the chart show a recent spike, supporting the breakout above $14.00. However, the volume is not at its peak compared to historical levels (e.g., during the spike to $16.17), so we should confirm continued buying pressure for the uptrend to sustain.
RSI (Estimated):
While the screenshot doesn’t provide RSI directly, a +3.30% move with the price near the 24-hour high ($16.17) suggests an RSI of ~65–70, nearing overbought territory. This aligns with your interest in RSI as an indicator, as seen in prior analyses (e.g., $NEAR at ~65–70). An RSI above 70 would signal caution for overextension, so monitor for potential pullbacks if momentum stalls.MACD (Estimated):
The screenshot doesn’t show MACD, but given the price’s position above the moving averages and the recent breakout, the MACD is likely showing a bullish crossover (MACD line above signal line) with a positive histogram. This matches your preference for confirming momentum with MACD, as seen in your $SPELL example (+0.0000025 histogram). We’d need real-time data to confirm, but the trend supports a bullish MACD setup.
Market Depth (Order Book):
Buy Side: Significant buy orders at $14.61 (101.92K $TRUMP), $14.58 (78.18K $TRUMP), and $14.57 (78.18K $TRUMP) indicate strong support just below the current price, reducing downside risk.
Sell Side: Sell walls at $14.62 (34.82K $TRUMP), $14.66 (48.95K $TRUMP), and $14.67 (52.90K $TRUMP) suggest resistance above the current price, which aligns with the first profit target at $15.00. The market buy amount (14.54 $TRUMP) slightly outweighs the sell amount (14.53 $TRUMP), indicating balanced but slightly bullish sentiment.
Volatility and Token Characteristics:
The screenshot notes $TRU$TRUMP high-volatility token tagged as "MEME, Seed, Gainer, VOL, HOT." This aligns with its 24-hour high of $16.17 and low of $8.91—a 81.5% range—indicating extreme price swings typical of meme tokens. This volatility matches your prior interest in managing risk for high-volatility DeFi tokens (e.g., $SPELL note on DeFi volatility). The amplitude of 51.16% further confirms the need for tight risk management
🔄 Strategy:
Entry Confirmation: Enter on a pullback to $14.30–$14.54 if the price holds above the MA(7) at $13.51 and buy volume remains strong (monitor order book for sustained buying pressure).
Trailing Stop: Trail stop above EMA(9) after Target 1, as you’ve appreciated in prior trade plans (e.g., $SOL, $NEAR), to lock in profits while allowing for upside.
Resistance Watch: Watch for rejection at $15.00 (sell wall resistance) or the 24-hour high of $16.17 for early exits, as you’ve emphasized monitoring key levels in past analyses.
Volume Confirmation: Ensure volume continues to rise (above the recent 1.122M $USDT) to confirm breakout strength, a factor you’ve highlighted in prior requests (e.g., $SOL volume surge of 22.56%).
RSI Caution: If RSI exceeds 70 (based on the estimated ~65–70), consider scaling out early to avoid a potential reversal, as you’ve shown interest in using RSI to gauge overbought conditions.
