* TRUMP/USDT 1H frame
1. OVERVIEW
Current price: $12.733
24h change: -12.33%
Highest price in 24h: $14.54
Lowest price in 24h: $12.40
Volume: 94.11M (TRUMP), 1.26B (USDT)
2. TECHNICAL ANALYSIS
A. Overall trend:
Current trend: Strong decline
Price is below all 3 MA(7), MA(25), and MA(99)
MA(7) = 12.673 is acting as very close resistance
MA(99) = 14.004 is the main resistance of the medium-term trend
B. Technical indicators:
MACD:
MACD is very negative (DIF: -0.434, MACD: -0.011)
Still below the signal line, histogram is shrinking => downward momentum is slowing down, may accumulate to bounce
RSI(6):
RSI = 34.63 => approaching oversold zone
No clear divergence yet, but price creates a higher low = temporary stabilization signal
C. Volume:
Average trading volume, no spikes = no large inflow yet
3. TRADING STRATEGY
A. SHORT (priority according to main trend):
Entry: $12.90 - $13.00 (MA7/MA25 zone – short-term resistance)
TP1: $12.40 (nearest low)
TP2: $11.80 (if breaking the old low)
SL: $13.20 (above MA25)
Probability of success: High if price does not exceed $13.20
B. LONG (high risk, only when there is a candle reversal confirmation):
Entry: $12.40 - $12.50 (retest the low + Bullish Engulfing or Hammer candle signal)
TP1: $12.90
TP2: $13.40 (near MA25)
SL: $12.20 (breaks the old low)
Should only enter when there is a confirmed reversal signal (RSI divergence, increased volume)
C. SPOT TRADE:
Should not buy at this time, medium-term trend is still declining.
Safe strategy:
Wait for it to break MA25 and stay above $13.40
At that time, can buy breakout with TP $14.00 - $14.50
SL: $13.00
4. CONCLUSION
Preferred strategy: SHORT around MA7/MA25
Long strategy and Spot Trade need to wait for a clear reversal confirmation, should not catch the bottom too early.
Price is accumulating, if price bounces without breaking MA25, it could be a safe short opportunity.
