Trade Setup Idea:
If TRUMP drops to $12.30, enter 25x futures long.
• Entry: $12.30
• Stop Loss: $11.95
• Take Profit: $13.70+
This is a bounce play from a key demand zone after a full MA breakdown. High risk, meme volatility. Be quick.
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TRUMP/USDC Analysis (4H Chart) – Correction Phase & Rebound Watch 🧨
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1. Heavy Correction from $15.94 Peak 📉
• TRUMP dumped hard from $15.94 to $12.48, nearly -22%
• This steep drop with long red candles = panic sell-off phase
• Meme coins often overcorrect, then bounce hard
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2. Moving Averages Bearish Cross 🔻
• Price is below MA(7) = $12.87, MA(25) = $13.78, and MA(99) = $13.45
• MA(7) has crossed below MA(25) = bearish signal confirmed
• Short-term trend: DOWN, but entering oversold territory
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3. Volume Shrinking = Sellers Exhausting ⏳
• After the big red dump, volume faded
• This often signals seller exhaustion, and reversal potential
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4. Previous Support Zone Near $12.20–$12.30 🔎
• This is a demand area where TRUMP consolidated before pumping
• If price touches $12.30 again and holds, a strong bounce is likely
• That’s why we set our long entry at $12.30
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5. Risk-Reward on the Long Setup is Solid ⚖️
• Risk: $0.35 (SL at $11.95)
• Reward: $1.40+ (TP at $13.70)
• That’s 4x R/R — worth the snipe if volume shows up
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Conclusion: Watch $12.30 – Meme Bounce Setup Brewing 🧨
TRUMP is:
• Oversold on 4H
• Sitting at local demand zone
• May get meme-fueled reversal
But:
• If $12.30 breaks hard, cut fast — it could slide to $11.50
{spot}(TRUMPUSDC)
