As we all know Mr. President launched a currency token which is built & operates on Solana Network. Supply Cap of 1 Billion Tokens, nearly 80 percent of supply is held by Trump Organization subject to a three year unlocking schedule.
Some people are calling Scam, Some are expecting 4X to 10x by just now or within days.
It is better to understand any project's importance, use case, or investment opportunities in an accurate zone if not then at least near to buying zone.
Moving to Technical:
People who think technical are nothing are the ones who never trusted on $BTC & ultimately they are refusing to accept one of the biggest industry who runs software driven charts, Indicators even before evolution of crypto.
But it is way more difficult and time taking thing in order to have at least a little grip on that or you can just ignore elephant in the room.
ANYWAY, Innovation Zone of this Project is 15.088 to 28.92, in simple words you may call it safe buying Zone.
Major Technical Support: 28.92 breakage of this will bring it back to 15.088.
Major Resistance Level: 55.24 if we are going to trade above this level for at least 4 Hours then we will break above 64 which is Key level and the first target would be 95.24.
Did you get it? let me define in simple words Buy at 28.92 or DCA only at 15.088. or if you are in fear then buy only after confirmation because 55.24 to 95.24 would also increase your investment to 75% to 85%.
If we Reflect back to Solana Innovation Zone was 1.05 to 3.05 right then what happened after accumulation time finished? that Rally stopped at 258 within 17 Weeks. (People cried who missed & bought at high price and then again in hedge fund crash it dropped to 8.26 and then again to 295 an amazing cycle)
So I think Mr. President will surely give profits to those who can trust or wait for the right time to Exit Technically will get the reward? 95 to 9500 who knows?
We are in the 2nd phase of the crypto bull market. This is the pre rally phase which gets us ready for the bull run. Historically, there have always been 3 phases, The bear market, pre rally, bull run. With the halving in April, the pre rally will come to an end, As we may see the Bitcoin pre halving pullback to initiate stage 3 . This is what it seems to me. The beginning of March marks the official start of phase 3, And that is according to the charts. And they never lie. As you can see, am with bull right now🦅😎 #Write2Earn #BullRun #Halving En tu opinión habrá una gran caída antes del BULLRUN? Not a big dip Gracias, yo en este momento no vendo y compro poco, ahora….. esperare 💪🤞🤞🤞🍀