$TRUMP Trading strategy on the 1-hour timeframe based on current technical indicators and price action:
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1. TRUMP / USDT Market Overview:
• Current Market Price: $12.43
• Trend: Volatile with a recent parabolic surge followed by consolidation
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2. TRUMP / USDT Technical Analysis:
• EMA(21): $12.00 — short-term support
• EMA(50): $10.76 — mid-range support
• EMA(200): $9.06 — major trend support
• MACD: Bearish crossover forming
• RSI(6): 48.31 — neutral
• Stoch RSI: 10.03 — oversold
Supports: $12.00 (EMA21), $10.76 (EMA50), $9.06 (EMA200)
Resistances: $13.09 (minor supply zone), $14.83 (local high), $16.17 (top wick)
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3. $TRUMP / USDT Spot Trading Setup:
• Buy Zone: $11.50–$12.00 (EMA21 retest + Stoch RSI oversold)
• TP1: $13.00 (recent rejection zone)
• TP2: $14.80 (prior peak zone)
• TP3: $16.00+ (recent top)
• SL: $10.70 (below EMA50, confirms trend loss)
Best Course of Action:
Buy — Price is consolidating above EMA21 with strong trend structure, offering a low-risk entry.
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4. $TRUMP / USDT Futures Trading Setup:
• Long Entry: $11.50–$12.00
• TP1: $13.00
• TP2: $14.80
• TP3: $16.00
• SL: $10.70 (structure invalidation)
• Short Entry: Below $10.70
• TP1: $10.00
• TP2: $9.50 (EMA200)
• TP3: $9.00
• SL: $12.00 (reclaim of key level)
Best Course of Action:
Long — Oversold conditions and strong EMA support make current levels favorable for continuation.
[Note: “This post does not constitute financial advice. Please evaluate all risks and make investment decisions based on your own informed judgment.”]