#TradingTools101 Beautiful, I will regularly follow up with you on the technical analysis of the TRUMP/USDT currency and help you identify entry and exit points based on market movement.
Following the technical analysis (more details):
1. Key support and resistance levels:
Strong support: 9.32 (tested and bounced).
Current near resistance: 11.04 (peak of the last 24 hours).
Important subsequent resistance: 11.98 (MA 25).
Psychological resistance: 13.00 – 13.60 (previous peak).
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2. Suggested trading strategy:
✅ Short speculative strategy (Scalping/Short-Term Trade):
Entry: upon any successful retest of 10.40 - 10.50.
Target: 11.00 – 11.20.
Stop loss: break of 10.00 with a closing candle of 1-4 hours.
✅ Medium-term trading strategy (Swing):
Safe entry: after breaking 11.04 with a closing candle of 4 hours.
First target: 11.98 (MA25).
Second target: 13.00 – 13.60.
Stop loss: return under 10.50.