🔥 $TRUMP
Token – Support Reversal Trade Idea
A bounce setup forming at a key demand zone — solid opportunity for a quick recovery play.
🧠 Market Insight
Current Price: ~$8.46 (sitting at crucial support)
Historical Context: Same level ($8.45–$8.50) triggered a strong bounce last time.
Price Behavior: Stabilization + early buying signs = potential trend reversal.
✅ Trade Setup
ParameterValue📥 Entry$8.50🎯 TP1$8.74🎯 TP2$8.93🎯 TP3$9.10❌ Stop Loss$8.38⚠️ Risk per Trade~$0.12
🔍 Technical Highlights
Support: $8.45–$8.50 zone tested multiple times, still holding strong.
Volume: Early signs of accumulation; if volume picks up, breakout likely.
Structure: Possible double bottom pattern forming → bullish signal.
🔒 Risk-Reward Breakdown
TP1 (Low Risk): R:R ~2:1
TP2–TP3 (Medium-High): R:R ~3.5:1 or better
Risk is tightly managed with SL just under key support.
💡 Pro Tips
Trail your stop to breakeven at TP1 to secure a risk-free ride.
Watch for bullish engulfing candles or RSI divergence confirmation.
Keep an eye on political headlines — $TRUMP token is often sentiment-driven.
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