$TRUMP ๐จ TRUMP/USDC Trading Update ๐จ
๐ Current Price: $23.32 (-11.87%)
๐ 24H High: $26.63 | ๐ 24H Low: $22.78
๐ Volume: 1.55M TRUMP
๐น 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.
๐ BUY SIGNAL (Bullish Indicators)
โ Support Held: $22.78 is acting as a key support level.
โ Parabolic SAR Reversal: Dots flipped below price, signaling a potential uptrend.
โ MACD Crossing Bullish: A potential bullish crossover in the making.
โ Increased Buying Volume: Green candles with rising volume indicate buying pressure.
โก๏ธ Entry Point: A breakout above $23.50 - $23.80 with strong volume could confirm a trend reversal.
๐ SELL SIGNAL (Bearish Indicators)
โ Downtrend Still in Play: Price is still below key moving averages (MA5 & MA10).
โ MACD Still Weak: A proper bullish trend needs stronger confirmation.
โ Resistance Ahead: Major resistance at $24.50 - $25.00 could lead to rejection.
โก๏ธ Short Sellers Watch: If the price fails to hold above $23.00, expect another dip.
๐ฅ Trading Strategy
๐ Short-Term Bulls: Watch for a breakout above $23.50 before entering.
๐ Swing Traders: Accumulate near support levels & set stop-loss at $22.70.
๐ Short Sellers: Look for rejection near resistance zones ($24.50+).
๐ก "Patience and strategy will always win the game. Trade smart!"
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