$TRUMP Price: $12.33 (+30.75%)
Chart Overview
Recent High: $16.17
Current Pullback Support: Around $11.45
Trend: Strong upward breakout followed by a correction and retest of 20 MA
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Technical Indicators
Moving Averages:
MA(5): 13.05 (recent candle near this)
MA(20): 11.97 (price bouncing from here)
MA(50): 10.15
MA(100): 9.20
MA(200): 8.54
RSI (30): 62.75 — Bullish zone, not yet overbought
MACD:
DIF: 0.78
DEA: 0.96
Histogram: -0.18 (bearish crossover just occurred)
Volume: High volume spike on breakout, currently declining
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Trade Setup
Position Type: Long (short-term bounce play)
Entry: $12.30–$12.40 (current price zone)
Stop Loss (SL): $11.20 (below 20 MA and recent support)
Take Profit (TP):
TP1: $13.15 (recent resistance)
TP2: $14.85 (next resistance)
TP3: $16.00–$16.17 (wick top, full target)
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