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📊 Price Analysis of $TRUMP – Accumulating in Preparation for New Volatility
Currently, $TRUMP is trading around $7.74 (-0.13%) after a fairly strong volatile session, fluctuating within the range from support at $7.57 to resistance at $7.85.
Price movements indicate that the market is in an accumulation phase (sideways). This could be a signal that capital is being gathered, waiting for a new breakout. If buying pressure is strong enough and the price maintains above $7.85, it is highly likely that $TRUMP will extend its upward momentum, aiming for the next important levels at $8.20.
Conversely, if the price cannot hold the support at $7.60 and breaks below $7.55, selling pressure may increase, causing the short-term trend to lean towards a decline.
🎯 Trading Strategy (Trade Setup):
• Entry Zone: $7.65 – $7.75
• Take Profit (TP): $7.95 / $8.20
• Stop Loss (SL): below $7.55
✅ Summary:
$TRUMP is in a state of consolidation, tightly accumulating within a narrow range. This is an important phase to observe breakout signals. Investors may consider a trading strategy based on the breakout scenario to capitalize on opportunities when the market confirms a clear direction.
Currently, $TRUMP is trading around $7.74 (-0.13%) after a fairly strong volatile session, fluctuating within the range from support at $7.57 to resistance at $7.85.
Price movements indicate that the market is in an accumulation phase (sideways). This could be a signal that capital is being gathered, waiting for a new breakout. If buying pressure is strong enough and the price maintains above $7.85, it is highly likely that $TRUMP will extend its upward momentum, aiming for the next important levels at $8.20.
Conversely, if the price cannot hold the support at $7.60 and breaks below $7.55, selling pressure may increase, causing the short-term trend to lean towards a decline.
🎯 Trading Strategy (Trade Setup):
• Entry Zone: $7.65 – $7.75
• Take Profit (TP): $7.95 / $8.20
• Stop Loss (SL): below $7.55
✅ Summary:
$TRUMP is in a state of consolidation, tightly accumulating within a narrow range. This is an important phase to observe breakout signals. Investors may consider a trading strategy based on the breakout scenario to capitalize on opportunities when the market confirms a clear direction.
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