$TRUMP /USDT Perpetual Trade Analysis
General Overview:
Current Price: 15.08 (down -3.89%)
24h High: 15.84
24h Low: 14.24
Volume: 261.22M USDT (solid trading volume)
MA60: 14.98 (indicating a neutral to slightly bearish bias)
Bullish Scenario:
Although TRUMP has faced some retracement, if it stabilizes near the support levels and manages to break the recent resistance, it could regain upward momentum.
Entry Zone: 15.08 - 15.00 (near the MA60 or retracement)
Stop Loss: 14.80 (below key support levels)
Target Levels:
TP1: 15.50 (first resistance level)
TP2: 15.84 (previous high, strong resistance)
TP3: 16.00 (next psychological resistance)
Bearish Scenario:
If the price continues to trend lower and fails to hold support, the bearish move could extend.
Entry Zone: 14.98 - 15.00 (if the price stays below MA60 and shows weakness)
Stop Loss: 15.20 (above recent resistance)
Target Levels:
TP1: 14.50 (next support level)
TP2: 14.20 (lower support zone)
Key Levels to Watch:
Summary:
Above 14.98 = Bullish bias, targeting 15.50 - 15.84
Below 14.80 = Bearish bias, targeting 14.50 - 14.20
Would you like to explore more details or a different strategy for this pair?
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