$TRUMP
Current Situation:
• Current Price: $11.99
• Recent High: $16.17
• 24h High/Low: $14.95 / $11.56
• RSI(25): 50.13 (Neutral zone)
• EMA(25): 9.42 (price is above this – bullish)
• Massive Volume Spike indicates recent heavy buying interest.
Technical Analysis:
• The massive green candle suggests a parabolic move up, likely driven by news or hype.
• A pullback is happening now after reaching $16.17 — typical after sharp rallies.
• You’re near a potential support zone (~$11.50–12.00) from the wick of the big green candle.
Can You Buy Now?
You could consider buying in this pullback zone only if:
• You’re okay with short-term volatility.
• You use stop-loss (e.g., below $11.50 or $10.50 depending on your risk tolerance).
• You’re aiming for a momentum-based swing trade, not long-term holding.
Take-Profit Levels:
If the price bounces and continues upward:
1. $13.00–13.50 (previous resistance area)
2. $14.95 (24h high)
3. $16.17 (local high from this spike)