🔥 $TRUMP is gaining momentum! With a +6.90% surge in the last 24h, traders are wondering: Will the rally continue, or is a pullback incoming? Let’s analyze! 👇
🔍 Market Sentiment:
🟩 Bullish, But Overheated?
Official Trump ($TRUMP) is showing strong momentum, but some indicators suggest caution:
▫️ RSI(14): Above 50 → Momentum favors bulls
▫️ MFI: 85.09 → Strong buying pressure
▫️ Upper Bollinger Band: $10.76 → Key breakout level
▫️ H/L Range: $11.13 - $10.10
💡 Key Takeaway?
If $TRUMP breaks and holds above $10.76, we could see a push toward $11.50 - $12.00. However, a rejection could send it back to $10.18 support.
🎯 Trading Idea:
🟩 Potential Long Entry (Trend Continuation)
🔹 Buy Zone: $10.80 - $10.90 (Breakout confirmation above resistance)
🔹 Stop-Loss: $10.50 (Below recent support)
🔹 Take Profit: $11.50 - $12.00 (Next resistance levels)
🔹 Risk-Reward Ratio: 1:3
✔️ Confirmation Before Entering:
▫️ RSI above 55 → Momentum remains strong
▫️ Sustained volume increase
▫️ Break and hold above $10.76 resistance
🟥 Potential Short Entry (Overbought Rejection)
🔹 Sell Zone: $11.00 - $11.20 (If price struggles to break higher)
🔹 Stop-Loss: $11.50 (Above resistance level)
🔹 Take Profit: $10.30 - $10.10 (Retest of lower Bollinger Band)
🔹 Risk-Reward Ratio: 1:3
✔️ Confirmation Before Shorting:
▫️ Rejection from upper Bollinger Band ($10.76+)
▫️ Weak volume on breakout attempts
▫️ RSI dropping below 50 → Momentum fading
📊 Key Metrics:
💰 Price: $10.86
⚖ H/L: $11.13 | $10.10
🚀 1H: +4.07%
🚀 24H: +6.90%
☠️ 7D: -19.67%
☠️ 30D: -34.56%
🏆 ATH: $73.43 (-85.24%)
📊 24H Volume: $1.04B
💎 Market Cap: $2.15B
📢 Will $TRUMP break out or pull back? Drop your thoughts below! 👇
🪧 VOTE NOW!
▫️ 🚀 LIKE if you’re bullish!
▫️ 📉 COMMENT “FAKEOUT” if you think a drop is coming!
▫️ 🔁 SHARE to get more opinions!