$TRUMP
1. Current Price: $12.81
2. Moving Averages:
MA(7): 12.83 (short-term trend slightly bearish)
MA(25): 12.86 (medium-term resistance)
MA(99): 12.68 (long-term support)
3. Candlestick Patterns:
Recent rejection at $12.98 indicates selling pressure near $13.
Minor support seen around $12.74-$12.80 range.
4. Volume:
24h Volume is moderate.
Order book shows a nearly equal bid-ask strength (50.2% vs. 49.8%) – market indecision.
5. Price Movement:
24h high: $13.36
24h low: $12.32
The asset is trending downward (-1.69%).
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Trading Strategy:
Short-Term Trade (Scalping or Day Trade)
Entry Point: Consider entering around $12.74–$12.80.
Target: $12.98–$13.10 (conservative), $13.30 (aggressive).
Stop Loss: $12.60 (below recent low).
If Price Breaks $13.00:
Look for breakout confirmation (volume spike, strong candle).
Next Resistance: $13.30–$13.36.
If Price Drops Below $12.70:
Wait for consolidation or bounce near $12.60 before considering a re-entry.
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Tips:
Watch volume spikes near support/resistance.
Use 5m or 15m candles to track momentum for scalp trades.
Set alerts near key levels ($12.70, $13.00)