Tomarket announcement #BinanceSquareFamily | Tarajulstrange on Binance Square

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Tomarket announcement #BinanceSquareFamily 

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@tarajullife2k24

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What a pump man... $SUI

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That's a great day to me. Just focus in right timing

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hold but take a very little profit then close it. It will go down bcz there is a huge liquidity to down so it.I have also open it with little expectation

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$TRUMP DYOR ### **Key Observations** 1. **Price Action**: - Current price: **$8.17** (-5.33% today). - 24h range: **$8.16 (low)** to **$8.68 (high)**. The price is near the 24h low, suggesting potential support. 2. **Moving Averages (MA)**: - **MA(5)**: 8.27 | **MA(10)**: 8.35. - Price is below both short-term MAs, indicating **bearish momentum**. 3. **RSI(6)**: **22.84** (oversold territory). This hints at a possible short-term bounce, but downtrends can sustain oversold conditions. 4. **Volume**: - Current volume (182k TRUMP) is below MA(5) (330k) and MA(10) (343k), signaling weaker selling pressure. 5. **Order Book**: - Strong bid support at lower prices (e.g., 6,646 TRUMP at 8.16). - Immediate resistance at 8.17 (current price level). 6. **Trend**: - Significant declines over all timeframes (e.g., -26.66% over 30 days). --- ### **Recommendation** **Short-Term Trade**: - **Cautious Long** with tight risk management: - **Entry**: Near $8.16 (24h low) if price holds and RSI rises. - **Target**: MA(5) at $8.27 (1.2% upside). - **Stop Loss**: Below $8.15 (break of support). **Rationale**: - Oversold RSI and proximity to 24h low suggest a potential bounce. - Low volume indicates weak selling momentum, but the broader downtrend limits upside. **Alternative Scenario**: - **Short** if price breaks below $8.16 with increasing volume. Target $7.90–$8.00. --- ### **Risk Notes** - The asset is a **meme coin**, prone to volatility. - Use tight stops and monitor volume/RSI for confirmation. - Avoid overleveraging due to high-risk nature. **Final Decision**: **Short-term long with strict stop-loss** (preferred due to oversold RSI), but prepare to reverse if support breaks.

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hold it bro till ur target and close it a very little profit

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