$TRUMP ๐จ TRUMP/USDC Market Update ๐จ
๐ Current Price: $20.93 (-17.17%)
๐ 24H High: $25.48 | ๐ 24H Low: $20.73
๐ Volume: 1.82M TRUMP
๐ Market Analysis
TRUMP/USDC continues to decline, losing over 17% in the last 24 hours. The price has hit a new low of $20.73, showing strong downward pressure. However, there are signs of a possible short-term bounce if buyers step in.
๐ BUY SIGNALS (Bullish Indicators) ๐
โ Support at $20.70-$20.90: If this level holds, a bounce toward $22+ is possible.
โ Increasing Volume: Buyers may be stepping in at lower levels.
โ MACD Nearing Reversal Zone: If momentum shifts, an upward move could follow.
โก๏ธ Entry Point: Consider buying above $21.20-$21.50 with a target of $22.50-$23.00.
๐ SELL SIGNALS (Bearish Indicators) โ ๏ธ
โ Strong Downtrend: Lower lows and lower highs indicate sellers are in control.
โ Parabolic SAR Still Bearish: Downward pressure remains strong.
โ MACD Negative: No confirmed bullish crossover yet.
โก๏ธ Short Strategy: If TRUMP breaks below $20.70, the next support is near $19.50-$20.00.
๐ฅ Trading Strategy
๐ For Buyers: Wait for confirmation above $21.50 before entering long.
๐ For Short Sellers: Target $19.50 if price loses $20.70 support.
๐ For Swing Traders: Look for reversal signals around $20.70-$21.00.
๐ก "Patience and strategy are key in volatile markets. Play smart!"
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