#TRUMP TRUMP Intraday Analysis
Key Levels
• Support: EMA13 (12.15) serves as the key intraday support; if broken, look towards EMA21 (11.3).
• Resistance: EMA89 (14.99) forms strong resistance; once broken, it can challenge the previous high of 15.5 area.
Bullish and Bearish Signals
• Bullish: The MACD indicator shows a golden cross, and the price remains above EMA13; if it surges to 14.99, consider going long.
• Bearish: The RSI indicator hovers near the midpoint, and volume is shrinking; if the price retraces and fails to break through 14.99, be cautious of a significant price drop risk.
Strategy
Use 14.99 as the dividing line for bullish and bearish: if broken, chase the rise; if it falls below 12.15, stop loss immediately.
Points of Interest: #trump