🔸 TRUMP/USDT – RSI Overbought, Testing Resistance | Master Trade Analysis 🔸
Overview:
$TRUMP is up 3.23%, trading at $10.86, with a 24h high of $12.47 and a low of $10.27. On the 30m timeframe, price is testing the upper Bollinger Band ($10.81), signaling a key resistance area. RSI at 82.10 is heavily overbought, suggesting an imminent pullback or a cooling-off period.
Technical Analysis:
🔹 Bollinger Bands: Price is riding the upper band ($10.81), indicating strong bullish momentum.
🔹 RSI (6): 82.10, well into overbought territory—profit-taking risk.
🔹 MACD: DIF: 0.02, DEA: -0.03, MACD: 0.05, bullish crossover confirmed.
🔹 Volume: 286K TRUMP, decent trading activity.
🔹 Moving Averages: 5-MA ($303.8K) above 10-MA ($200.7K), confirming short-term bullish trend.
🔹 Stochastic (K/D/J): K: 83.14, D: 69.14, J: 111.16, deep overbought, possible reversal incoming.
Trade Strategy:
🔹 Support Zone: $10.15 - $10.30, strong buy zone if price retraces.
🔹 Resistance Levels: $11.00 - $12.00, high-risk rejection area.
🔹 Stop-Loss Placement: Below $10.20, to protect against downside volatility.
🔥 Master Trade Setup 🔥
✅ Scalping: Sell $10.85 - $11.00, target $10.30, SL $11.20.
✅ Swing Trade: Buy $10.20 - $10.30, target $11.50 - $12.00, SL $10.00.
⚠️ Breakout Watch: A 30m close above $11.00 could push price toward $12.50+.
🛡️ Risk Management:
🔹 Capital Allocation: Risk 2-5% per trade.
🔹 Stop-Loss Discipline: Stick to SL levels—greed kills trades.
🔹 Risk-to-Reward Ratio: Maintain 1:2 or 1:3 R:R setups.
🔹 Market Sentiment: TRUMP is a volatile meme coin—expect aggressive swings.
💬 Will #TRUMP break out or face a rejection? Drop your predictions!
📢 Follow @EmonSharkar for top crypto trade Strategy, market insights, and technical analysis!
⚠️ Always DYOR before trading! Crypto is volatile, manage risk wisely.
🔹 Data source: Binance.
