$TRUMP Today, TRUMP/USDT made a stunning move in the market. On the 4-hour chart, the price jumped sharply from 7.14 to as high as 16.17, and after a slight correction, it is now trading at 12.08—still showing an impressive 28.10% gain.
If you were in the market at that time, it was definitely a golden opportunity to make some profits. The chart clearly shows that MA5 and MA10 formed a strong crossover, and the RSI has crossed 70, signaling an overbought condition.
MACD has also turned positive, indicating that the bulls have taken control of the market. However, since the price has made a massive jump, some correction may follow.
This move was clearly driven by some major news or a fundamental event. If you're a short-term trader, be cautious; and if you're a long-term investor, make sure to do further research before making any decisions. Always remember, entering out of FOMO (Fear of Missing Out) can be risky.
Did you catch this breakout? Let us know in the comments below.