$TRUMP ๐ TRUMP/USDC Market Update & Next Move! ๐
๐ Current Price: 17.61 USDC (-2.11%)
๐ 24H High: 18.26 USDC | 24H Low: 16.83 USDC
๐ Volume: 5.86M TRUMP
๐ฅ Market Analysis:
๐ Strong Uptrend Earlier: Price surged from 16.98 to 18.26 USDC, showing strong buyer interest.
๐ MACD Crossover Alert! Bullish momentum is fading as MACD turns negative (-0.04).
๐ Parabolic SAR Signal: Downtrend forming as yellow dots shift above candles.
๐ Volume Spike! A high trading volume near resistance indicates possible trend exhaustion.
๐ Trading Signals:
โ Buy Signal:
๐น If the price bounces from 17.50-17.40 USDC, we could see a retest of 18.00 USDC.
๐น Look for bullish volume confirmation before entry.
๐จ Sell Signal:
๐ป If 17.50 USDC support breaks, expect a further drop to 17.20 or 16.80 USDC.
๐ป MACD Bearish Crossover & SAR Shift = A potential short opportunity!
๐ฏ Next Move:
๐ธ A break above 17.80-18.00 USDC = Bullish continuation! ๐
๐ธ Failure to hold 17.50 USDC = Further downside risk! ๐
๐ก Strategy:
๐ Scalpers: Trade between 17.50 - 18.00 USDC range.
โณ Swing Traders: Wait for confirmation at key levels.
๐ Stay updated & trade wisely! ๐