Talk With Candle
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$TRUMP /USDT Chart Analysis – A Bounce or Another Fall?🤔🔐👇
Current Price: $7.72
Timeframes Analyzed: 1H & 1D
Technical Breakdown (1H Chart):📊
Price recently dipped to around $7.36 and is now showing signs of a short-term bounce.
RSI crossover indicates renewed bullish momentum: Blue RSI (81.85) has crossed above the orange line (52.92).
Price is currently facing resistance around $7.94, which aligns with the 200 EMA and a visible supply zone above $8.00.
Trend Signal (1D Chart):📉
The broader trend remains bearish with consistent lower highs and lower lows.
Major resistance exists around $8.73, while the price remains pressured below the 21EMA and 50EMA.
Bulls are trying to hold support at $7.40, but unless the price reclaims $8.00+ with strong volume, bearish bias stays intact.
Best Trade Strategy (Short Bias):
Entry Zone: $7.90 – $8.00 (upon rejection at resistance)✅
Stop Loss: $8.25 (above key resistance)☣️
Target 1: $7.50🎯
Target 2: $7.20🎯
Risk/Reward: Minimum 1:2 setup
Confirmation Tip: 🔰
Wait for a bearish engulfing candle or bearish RSI/Stochastic divergence before executing a short position.
Pro Tip:👨🏫
"Don't confirm a reversal unless there’s a breakout backed by strong volume and follow-up candles."
👨❤️👨As long as the trend is down, every bounce can be a shorting opportunity. Follow the trend, not emotions.
Disclaimer:⚠️
This is not financial advice. Always do your own research and manage your risk wisely.
#TRUMP
#BinanceAlphaAlert
#Binance
#VoteToDelistOnBinance
#PowellRemarks
Current Price: $7.72
Timeframes Analyzed: 1H & 1D
Technical Breakdown (1H Chart):📊
Price recently dipped to around $7.36 and is now showing signs of a short-term bounce.
RSI crossover indicates renewed bullish momentum: Blue RSI (81.85) has crossed above the orange line (52.92).
Price is currently facing resistance around $7.94, which aligns with the 200 EMA and a visible supply zone above $8.00.
Trend Signal (1D Chart):📉
The broader trend remains bearish with consistent lower highs and lower lows.
Major resistance exists around $8.73, while the price remains pressured below the 21EMA and 50EMA.
Bulls are trying to hold support at $7.40, but unless the price reclaims $8.00+ with strong volume, bearish bias stays intact.
Best Trade Strategy (Short Bias):
Entry Zone: $7.90 – $8.00 (upon rejection at resistance)✅
Stop Loss: $8.25 (above key resistance)☣️
Target 1: $7.50🎯
Target 2: $7.20🎯
Risk/Reward: Minimum 1:2 setup
Confirmation Tip: 🔰
Wait for a bearish engulfing candle or bearish RSI/Stochastic divergence before executing a short position.
Pro Tip:👨🏫
"Don't confirm a reversal unless there’s a breakout backed by strong volume and follow-up candles."
👨❤️👨As long as the trend is down, every bounce can be a shorting opportunity. Follow the trend, not emotions.
Disclaimer:⚠️
This is not financial advice. Always do your own research and manage your risk wisely.
#TRUMP
#BinanceAlphaAlert
#Binance
#VoteToDelistOnBinance
#PowellRemarks
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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