#TRUMP TRUMP/USDT Intraday Sniping

The current price is 12.98, with an increase of 28.13%. The 24-hour volatility has even reached as high as 77.7%, and the trading volume is explosive!

Key Point Analysis

• Resistance Level: Firmly locked at 16.17 (previous high). If the price violently breaks through this level, there may be a subsequent push towards the 20 mark;

• Support Level: Pay attention to the EMA20 moving average at 9.16, as well as the 24-hour low at 9.13. If it breaks below, market sentiment could deteriorate sharply.

Technical Indicator Interpretation

The RSI(6) indicator has exploded, reaching 91.18, indicating extremely severe overbought conditions. However, given the current massive upward trend, it is difficult to assert that the price has peaked. The intraday market is expected to lean towards high-level fluctuations. If it can stabilize above 13, there may be another opportunity for a price surge, but the risk of chasing long positions is very high; if it falls below 12, caution is needed for a significant price drop.

Trading Strategy Recommendations

• Aggressive Traders: Can attempt to short with light positions around 16 (be sure to set strict stop-loss); when the price retraces to 9.5 without breaking, you can try to capture a rebound;

• Conservative Traders: It is recommended to wait and observe, allowing the market to consolidate and the situation to become clearer.

Meme coins are highly volatile, and it’s a game of heartbeat. Be sure to set stop-losses when entering, and do not get overexcited! Feel free to give a thumbs up at #trump