🔍 $TRUMP Coin BUY / SELL Technical Analysis.
May 31, 2025
As of now, TRUMP Coin is trading at $0.1817, experiencing a slight decline of 0.0425%.
📉 Market Structure & Liquidity Zones:
Market Structure Shift (MSS): A bearish MSS is evident, with price breaking below previous higher lows, indicating a potential downtrend continuation.
Liquidity Zones: Significant liquidity pools are observed around $0.18 and $0.20, where stop-loss orders are likely clustered.
Fair Value Gaps (FVGs): An FVG exists between $0.185 and $0.190, suggesting a potential area for price retracement before resuming the downtrend.
📊 Technical Indicators:
Exponential Moving Averages (EMAs): The 50 EMA is above the current price, reinforcing bearish sentiment.
Relative Strength Index (RSI): Currently at 31.68, indicating oversold conditions, which may lead to a short-term bounce.
Volume: A decrease in trading volume suggests waning buying interest, supporting the bearish outlook.
💡 Trade Recommendations:
Short-Term Strategy: Consider short positions if the price retraces to the FVG zone ($0.185 - $0.190) with confirmation of bearish price action.
Stop-Loss: Place above $0.195 to mitigate risk.
Take-Profit: Target the liquidity zone around $0.18.
Long-Term Strategy: Await a confirmed break above the 50 EMA and a bullish MSS before considering long positions.
📈 Trend Analysis:
The overall trend remains bearish, with lower highs and lower lows forming. However, the oversold RSI suggests a potential short-term corrective move.
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