๐ฅ TRUMP/USDT - POTENTIAL BOUNCE OR CONSOLIDATION? ๐
๐ Current Price: $9.48 - Recovering from recent drop!
๐ Chart Analysis: Price bouncing after significant drop, hovering around short-term EMAs.
๐ Key Observations:
โ EMA (7) below EMA (20) - Short-term bearish.
โ Price near short-term EMAs - Potential reversal or consolidation.
โ MACD negative - Bearish momentum.
โ Volume relatively low.
๐ Potential Trade Setups:
๐ข Long Setup (Aggressive):
Entry: $9.55 (break above minor resistance)
Target 1: $9.80
Target 2: $10.00
Stop Loss: $9.35
๐ด Short Setup (Conservative):
Entry: $9.35 (break below 7-day EMA)
Target 1: $9.10
Target 2: $8.90
Stop Loss: $9.60
โ ๏ธ Caution: Low volume and short-term bearish signals. Trade with caution and manage risk.
๐ Follow for more in-depth crypto analysis! ๐