Strong support bounce near $8.89! Momentum could be shifting bullish again.
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ā Entry Zones:
Entry 1: $9.05 (Current level ā early entry)
Entry 2: $8.90 (Support retest zone ā safer entry)
(Buy near these zones for best R/R before a potential leg up)
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šÆ Targets:
Target 1: $9.36 (Recent high)
Target 2: $9.60 (Key resistance)
Target 3: $9.85 (Potential breakout zone)
Target 4: $10.20 (Psychological resistance)
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š Stop Loss:
$8.75 (Below recent wick low and structure support)
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š Technical Notes:
RSI(6) at 42.43 shows recovery from oversold conditions.
MACD histogram is bottoming ā potential bullish crossover.
Price bounced from $8.89, holding above major support.
Volume is stabilizing; potential buildup before breakout.
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š„ Momentum Watch:
If $TRUMP holds above $9.00 with increasing volume, bullish continuation likely. Great spot for a bounce play with tight risk.
