$TRUMP TECHNICAL OVERVIEW.
* **Current Price**: \$11.051
* **24h Range**: \$10.336 – \$12.910
* **Previous Support**: \$7.138
* **Initial High**: \$83.041 (massive early pump, now irrelevant for near-term moves)
* **RSI Levels**:
* RSI(6): 36.69 → Bearish momentum, approaching oversold
* RSI(12): 47.58 → Neutral
* RSI(24): 48.57 → Neutral
* **Recent Action**:
* Price recently bounced from a base around \~\$7.14 and rallied close to \$13.
* Now undergoing a healthy correction after a strong move.
* Potential setup forming for **buy-the-dip** strategy if support holds.
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### 🧠 **Interpretation**
* The strong bounce from \$7.14 to nearly \$13 signals revived interest.
* The retracement back to \~\$11 suggests consolidation and potential for next leg.
* RSI(6) is dipping toward oversold — indicating possible near-term rebound.
* Volume has cooled but still decent (277.90M turnover), indicating possible continuation soon.
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### 📈 **Trade Signal – LONG Setup (Swing/Short-term)**
#### ✅ **Entry Zone (Buy Area):**
* **Primary Entry**: \$10.50–\$11.00
* **Alternative Entry (if drops further)**: \$9.70–\$10.00 (major horizontal support zone)
#### ⛔ **Stop Loss:**
* **Below key support**: \$9.20
* Just under psychological and technical support at \$9.70
* Limits loss in case of full breakdown
#### 🎯 **Take-Profit Targets:**
* **TP1**: \$12.50 – local resistance before the drop
* **TP2**: \$14.00 – reclaiming bullish strength, psychological level
* **TP3**: \$16.00 – if volume surges and trend momentum resumes
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### ⚠️ **Bearish Scenario – Short Setup (Only if major breakdown)**
If price breaks **below \$9.20** with strong bearish volume:
* **Short Entry**: \$9.10
* **SL**: \$9.80
* **TP1**: \$8.00
* **TP2**: \$7.20 (historical low support)
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### 🔁 **Risk/Reward Management**
* **Reward-to-risk (Long setup)**:
* Entry at \$10.80, SL at \$9.20 = \$1.60 risk
* TP1 (\$12.50) = \$1.70 gain → 1.06 R/R
* TP2 (\$14.00) = \$3.20 gain → 2 R/R
✅