Trading Signal: $TRUMP/USDT
Signal: Long (Buy)
Entry: $16.50 - $16.70
Take Profit (TP): $17.50
Stop Loss (SL): $16.20
Risk/Reward Ratio: ~3:1
Analysis & Strategy:
✅ Trend Analysis: After reaching a high of $17.75, the price is retracing, indicating a potential bounce.
✅ Moving Averages: The MA(7) and MA(25) are in a downward cross, but long-term support is holding at MA(99).
✅ Support Level: A recent bounce near $16.46 confirms a short-term support zone.
✅ Volume: Strong recent buying pressure signals bullish momentum.
📌 Trade Plan: If the price stabilizes above $16.50, an upward move to $17.50 is likely. A stop-loss at $16.20 limits downside risk.
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