📰 📊📉 News-Driven Trading with $TRUMP!
I capitalized on the sudden spike in the price of TRUMP after a media announcement about the token's participation in a major political event, and here is my strategy through the **Trading Share Card** feature:
Entry: $0.92 (A quick jump after a controversial tweet related to the political figure supporting the token).
First Target: $1.15 (Daily resistance level + achieving **25% profit within 24 hours).
Risk Management: Stop-Loss at $0.82 (Below the immediate support area to avoid sharp correction).
Technical analysis showed:
- RSI jumped from 30 to 65 within hours (Strong buy signal).
- Trading volume increased 5x with the spread of the news, confirming the upward momentum.
Key Idea: Combining **breaking news impact** (like sudden media statements) and **high liquidity** during the early hours of the event, allowing for short-term volatility exploitation!
📌 Lesson: Tokens linked to news events (like $TRUMP) require live monitoring of media and quick reactions to seize opportunities before the hype dies down.
Do you think the "news trading" strategy is effective? 💬
