#TRUMP TRUMP Intraday Analysis
Current Market:
Current Price $12.84, Daily Increase 4.48%;
• Technical Indicators:
◦ RSI(6): 91.13, in a severely overbought state
◦ MACD: Bullish momentum continues to be released, but high-level volume suggests profit-taking pressure risk
Key Levels:
• Support Level: 12.00-12.50 (Psychological Level + 24-hour low support)
• Resistance Level: 13.30-13.50 (24-hour high + integer resistance)
Market Opinion:
• If it stabilizes above 12.50, it may challenge the 13.30 resistance level;
• If it breaks down below 12.00 with increased volume, it may quickly pull back to around 11.50;
• Currently, bulls are dominant, but the overbought signal combined with high-level volume requires caution when chasing highs, be wary of short-term corrections.
Operational Strategy:
1. Aggressive Strategy: Light position long near 12.50, stop loss at 11.80, target at 13.30;
2. Conservative Strategy: Chase long on the right side after breaking 13.30, or wait for a pullback to around 11.50 to buy low.
Focus Point: Give a thumbs up #trump