Today's TRUMP analysis shows that the coin has seen a rise from 16.373 to 16.812. The current trend of the analysis is bullish (LONG), and the ratio of large positions of investors on Bybit indicates a ratio of 41.0:1 in favor of long positions.
Based on this information, the following strategies can be suggested:
1. BOLL support bounce strategy:
- Entry: When the price of TRUMP touches the support level at $16.3 defined by BOLL.
- Resistance level at $17.362.
Negative reversals.
2. Uptrend trading strategy:
- Entry: When the bullish trend confirmation appears and the price of TRUMP crosses the simple moving average (EMA).
- Target: Exit when the price of TRUMP reaches the BOLL resistance at $17.362.
- Stop: A stop loss can be placed close to the EMA to reduce risks.