$TRUMP #TRUMP

*TRUMP/USDT 1H chart

1. Technical Overview:

Trend: Currently in a short-term uptrend but showing signs of correction after a strong spike to 14.942 and a reversal downwards.

Volume: Surged during the upward movement, then started to decline – a sign of short-term distribution.

2. RSI & MACD Indicators:

RSI (1H): Exceeded 70 and is reversing => a sign of overbought, warning of correction.

MACD (1H): Creating a higher peak after the previous peak, histogram is shrinking => a sign of losing upward momentum, may cut down early.

3. Trading Scenarios:

Long Trade (Buy):

Entry: 13.60 – 13.75 (when correcting to the MA10 support zone)

TP1: 14.30

TP2: 14.90

SL: 13.20

Reason: Price is reversing to retest the MA10 zone + confluence with MA5, RSI returning to the balanced zone (~50) will be a potential entry point if volume is stable.

Short Trade (Sell):

Entry: 14.20 – 14.40 (when the price technically rebounds but does not exceed the previous peak of 14.942)

TP1: 13.60

TP2: 13.00

SL: 14.95

Reason: Price does not break the previous peak, RSI decreases, MACD starts to diverge negatively – a strong bearish signal if the 14.00 zone is not held.

Spot Trading:

Entry: 13.60

TP1: 14.30

TP2: 15.00

SL: 13.00

Reason: Accumulation strategy based on the main wave. Spot trading should prioritize light buying at strong support areas.

4. Notes:

Strong volatility due to news related to political factors, so set strict SL.

It is advisable to combine with the 4H timeframe to confirm the longer trend.

If the price breaks 15.00 with high volume, the strong uptrend will continue to the 16.20 region.