$TRUMP
1. Entry Points:
Current Price: $12.12
Optimal Entry Zone (Pullback Buy): $11.70 – $12.00
This range sits near the 7-period MA ($12.17) and just above recent support from the breakout zone. A small pullback to this area could present a lower-risk entry.
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2. Stop-Loss Placement:
Suggested Stop-Loss: $11.20
This is just below the consolidation base and the MA(25) at $11.32, providing a buffer in case of a deeper retracement.
Risk is roughly $0.80 – $1.00 per token depending on entry.
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3. Take-Profit Target(s):
TP1 (Short-Term): $12.80 – $13.00
Near previous 24h high of $12.47; hitting psychological resistance.
TP2 (Extended Target): $13.80 – $14.20
If momentum continues, this is the likely range for the next wave.
Volume surge supports a bullish continuation scenario.
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Supporting Indicators:
MA Crossovers:
Bullish crossover with 7 MA > 25 MA > 99 MA
Volume Spike:
Strong buying volume suggests high interest and momentum.
Trend Structure:
Recent breakout from consolidation with strong follow-through.
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Summary Trade Setup (Spot):
Buy Range: $11.70 – $12.00
Stop-Loss: $11.20
TP1: $12.80 – $13.00
TP2: $13.80 – $14.20
Risk/Reward (est.): 1:2 to 1:3