$TRUMP šØ TRUMP/USDC Trading Update šØ
š Current Price: $23.32 (-11.87%)
š 24H High: $26.63 | š 24H Low: $22.78
š Volume: 1.55M TRUMP
š¹ Market Overview
The price has found temporary support at $22.78 and is attempting a small rebound. The MACD has turned slightly positive (0.04), indicating a potential momentum shift. Parabolic SAR dots have moved below the price, which is a sign of a possible trend reversal.
š BUY SIGNAL (Bullish Indicators)
ā Support Held: $22.78 is acting as a key support level.
ā Parabolic SAR Reversal: Dots flipped below price, signaling a potential uptrend.
ā MACD Crossing Bullish: A potential bullish crossover in the making.
ā Increased Buying Volume: Green candles with rising volume indicate buying pressure.
ā”ļø Entry Point: A breakout above $23.50 - $23.80 with strong volume could confirm a trend reversal.
š SELL SIGNAL (Bearish Indicators)
ā Downtrend Still in Play: Price is still below key moving averages (MA5 & MA10).
ā MACD Still Weak: A proper bullish trend needs stronger confirmation.
ā Resistance Ahead: Major resistance at $24.50 - $25.00 could lead to rejection.
ā”ļø Short Sellers Watch: If the price fails to hold above $23.00, expect another dip.
š„ Trading Strategy
š Short-Term Bulls: Watch for a breakout above $23.50 before entering.
š Swing Traders: Accumulate near support levels & set stop-loss at $22.70.
š Short Sellers: Look for rejection near resistance zones ($24.50+).
š” "Patience and strategy will always win the game. Trade smart!"
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