šØ $TRUMP Day Trading Strategy ā April 30, 2025ā
š¹ Current Price: ~$13.15
š¹ 24H Range: $12.79 ā $14.23
š¹ 24H Volume: $1.22B
š¹ Market Cap: $2.63B
š¹ Sentiment: Cautiously Bullish
š Technical Overview:
Support Levels: $12.50, $11.80
Resistance Levels: $14.50, $15.60
Indicators:
RSI: Approaching overbought territory
MACD: Positive crossover indicating bullish momentum
š Intraday Trading Plan:
Long Entry: $12.80 ā $13.00
Take Profit (TP): $14.00 ā $14.50
Stop Loss (SL): $12.20
Short Entry: $14.50 ā $14.80
Take Profit (TP): $13.30
Stop Loss (SL): $15.20ā
š° Market Insights:
$TRUMP Upcoming Token Unlock: Approximately 493,827 TRUMP tokens (~$6.5M) are scheduled to be unlocked today, potentially increasing supply and affecting price dynamics.
Whale Activity: Recent significant trades by large holders suggest continued interest and potential for volatility.
ā ļø Risk Management:
Given the upcoming token unlock and recent price movements, traders should exercise caution. Setting appropriate stop-loss orders and monitoring market news are essential to mitigate risks.ā
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