Trump Coin ($TRUMP ) is currently trading at $10.30 , showing a 3.86% increase over the past 24 hours.
Step-by-Step Trading Signal Plan:
1. Monitor Key Support Level: Watch for price stability around the $13.50 support level, which aligns with the 50-day moving average.
2. Identify Symmetrical Triangle Pattern: TRUMP is forming a symmetrical triangle pattern, often indicative of an impending breakout.
3. Set Entry Point: Consider entering a position if the price breaks above $13.50 with strong volume.
4. Define Take-Profit Targets: Aim for profit-taking at $14.50 and $15.50 levels.
5. Implement Stop-Loss Orders: Place a stop-loss around $11.30 to mitigate potential losses.
Analysts predict that TRUMP's price could surpass the $100 mark by the end of 2025, driven by increased adoption and favorable regulatory developments.