It's still Trump; the rise and fall of this coin is entirely dictated by Trump's statements. Yesterday, someone entered the market for Trump, and immediately after, a series of positive news was announced. These favorable news will definitely make Trump soar.
Looking again today, Trump has already surged from 12 to 16, missing out on a 22-point increase just like that. The trend of this coin is also quite unpredictable, so one should not have an overly rigid mindset. To capture the maximum gains, one must always keep an eye on news impacts and market trends.
Currently, it seems that the position at 16 may serve as a short-term resistance for Trump. If there are no new news to drive it forward, it is likely to pull back from here. From a smaller timeframe, the SKDJ is also showing a death cross. Those who want to short can enter with one position around the current price of 16.2, setting a stop loss at 16.7 and looking for a pullback to the 14 level.
Looking again today, Trump has already surged from 12 to 16, missing out on a 22-point increase just like that. The trend of this coin is also quite unpredictable, so one should not have an overly rigid mindset. To capture the maximum gains, one must always keep an eye on news impacts and market trends.
Currently, it seems that the position at 16 may serve as a short-term resistance for Trump. If there are no new news to drive it forward, it is likely to pull back from here. From a smaller timeframe, the SKDJ is also showing a death cross. Those who want to short can enter with one position around the current price of 16.2, setting a stop loss at 16.7 and looking for a pullback to the 14 level.
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TRUMP
11.33
-13.97%