$TRUMP Next Signal Recommendations:
Buy Signal:
If the price falls to 27.20 or 26.86 and shows signs of a bounce (green candles with rising volume), it could be a good buying opportunity.
Sell Signal:
If the price rises to 28.00 or 28.30 and struggles to break these resistance levels, it would be a selling opportunity.
Short-Term Strategy:
For Buyers:
Wait for the price to test the support zone (27.20 or lower).
Look for confirmation of reversal, such as MACD turning positive or SAR shifting below the price.
For Sellers:
If the price rebounds to 28.00 without significant volume, consider selling to lock in profits.
Set a stop-loss slightly above 28.30.
Risk Management:
Use stop-loss at 27.00 if you enter a buy position.
For a short position, use stop-loss above 28.50.
Parabolic SAR:
The SAR dots are now above the price, indicating a bearish trend.
MACD:
The MACD line has crossed below the signal line, confirming bearish momentum.
The histogram is negative, signaling continued downward pressure.
Volume:
Volume has significantly decreased, suggesting weaker market participation.
Support and Resistance Levels:
Support: Strong support appears around 27.20 and 26.86.
Resistance: Immediate resistance is at 28.00 and further at 28.30.
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