TRUMP/USDT
Entry Point:
Potential Entry 1: A buy order can be placed near the support level of $14.10 - $14.20. This assumes the price will bounce off this support level.
Potential Entry 2: A breakout entry above the resistance level of $14.50. This assumes the price will continue its upward momentum if it breaks this level.
Exit Point (Take Profit):
Target 1: A take-profit order can be placed around $14.50 - $14.60 if entering near the support level. This targets the upper range of the consolidation.
Target 2: If entering on a breakout above $14.50, a take-profit order can be placed at the next resistance level, which might be around $14.80 - $15.00, or based on previous highs.
Stop Loss:
Stop Loss: A stop-loss order should be placed below the entry point to manage risk. For example, if entering near $14.20, a stop-loss could be placed at $14.00 or $13.90. This limits potential losses if the price breaks below the support level.
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