$TRUMP

Today's price analysis

Technical Analysis

1. Current Price:

Last: $25,548

Mark Price: $25,549

Change: -9.33% (sharply down)

2. Support & Resistance:

Nearest Support: $25,350 (lowest in this session)

Nearest Resistance: $26,294 - $26,394

3. Technical Indicators:

Moving Average:

MA(7): $25,550

MA(25): $25,881

MA(99): $26,227

RSI (Relative Strength Index): 36,740 (Approaching oversold, potential rebound)

4. Volume:

Trading volume is quite high, indicating a lot of transactions in this session.

Trading Recommendations

Entry & Exit Strategy

1. Buy Entry:

Good price for entry: $25,350 - $25,400

Reason: Strong support is seen around $25,350.

2. Stop Loss (SL):

SL: $24,900

Reason: If price falls below $25,000, the bearish trend could continue deeper.

3. Take Profit (TP):

TP1: $26,000 (Minor resistance & MA99 area)

TP2: $26,500 - $26,800 (Next strong resistance)

Conclusion

Currently, price is falling, but RSI shows potential for rebound.

Recommendation: Buy around $25,350 - $25,400, SL at $24,900, first TP at $26,000 and second TP at $26,500 - $26,800.

If the price breaks below $25,300, it is better to wait for confirmation before entering.