๐ TRUMPUSDT Trade Setup (Binance)
๐น Current Price: $40.20 (+3.26%)
๐น Strategy: Breakout following the Change of Character (ChoCH)
๐ Key Levels:
Entry (Order Zone): Near the green support zone.
Stop Loss (SL): $37.15 โ Below the structure to limit risk.
Take Profit 1 (TP1): $46.44 โ Targeting resistance for potential profits.
๐ Indicators:
RSI (14): Shows momentum is building for an upward move.
Volume: Increased buying pressure indicates bullish sentiment.
โก๏ธ Analysis:
This setup highlights a potential bullish continuation following the breakout of the trendline. The price is trending upward after a consolidation period, with the ChoCH signaling a possible trend reversal.
๐ก Reminder: Always manage your risk effectively with a stop-loss and avoid over-leveraging. Trade cautiously and do your own research before entering.
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