🚀 TRUMP/USDT Trade Plan & Analysis
Current Price: $37.07 (+0.16%)
The 15-minute chart for TRUMP/USDT is showing a recovery after a sharp drop, with potential opportunities for both long and short positions. Here’s the plan to navigate this volatility! 📊✨
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📈 Trading Strategy
🔹 For the Bulls:
Entry: Above $38.00 (Breakout confirmation zone)
Targets: $39.50, $40.50, and $41.00
Stop Loss: $36.50
🔹 For the Bears:
Entry: Below $36.00 (Breakdown confirmation zone)
Targets: $35.00, $34.00, and potentially $33.50
Stop Loss: $37.50
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📊 Technical Overview
1️⃣ Trend: Short-term consolidation with potential for breakout or breakdown.
2️⃣ Key Levels:
Resistance: $38.00
Support: $36.00
3️⃣ Indicators:
Volume: Look for a volume spike to confirm direction.
RSI: Hovering near neutral, providing flexibility for movement.
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💡 Risk Management:
Use proper position sizing to minimize losses during high volatility.
Ensure to place tight stop-losses due to the short timeframe being analyzed.
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