$TRUMP /USDT Technical Analysis & Trade Signal 🚀

Current Market Overview:

Price: $17.60 (+2.39%)

Trend: Bearish short-term with signs of a potential reversal

24h High: $18.46

24h Low: $16.29

📊 Technical Breakdown:

Support: $16.29 (24h Low) | $16.00 (Key Zone)

Resistance: $18.46 (24h High) | $19.00 (Strong Resistance)

📈 Trade Signal:

Entry: Buy around $16.50 to $17.00 (Look for stabilization at support)

Target 1: $18.00 (Quick 2-3% profit on a near-term resistance test)

Target 2: $18.46 (Previous 24h High for moderate gain)

Target 3: $19.00 (Breakthrough resistance could lead to further upside)

🔒 Stop Loss:

Place your stop loss near $16.00 to protect against extended downside movement.

💥 Trade Momentum:

Short-Term Momentum: Bearish, but nearing oversold conditions—possible reversal on the horizon.

Indicators: RSI near 30 (oversold zone), MACD hinting at a potential bullish shift.

This trade setup is ideal for short-term traders, looking to capitalize on the bounce and resistance breaks. Always remember to manage risk and stay updated on market moves!

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