Trump Coin Analysis !!

Signal : Long

Coin Name : $TRUMP

This is a 15-minute chart of TRUMP/USDT on Binance, showing a rising wedge pattern, which is typically a bearish reversal signal. The price is testing the upper resistance of the wedge, and a breakdown is expected. Indicators such as RSI, stochastic, and MACD suggest overbought conditions, supporting a potential drop.

The target price (TP) for the short position is around $10.71, while the stop-loss (SL) is placed above the recent high at $11.29. The risk-to-reward ratio is favorable for a short trade.

Entry: 11.16

1st Tp: 10.91

2nd Tp: 10.82

3rd Tp : 10.71

SL: 11.29

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