Current price: around 160 dollars Daily change: slight decrease of 0.046% Highest price during the day: 168.31 dollars Lowest price during the day: 158.52 dollars
Expectation for the day: Expected range of movement between 156 and 162.5 dollars, with a slight increase of 1–2% likely.
Important resistance level: If the price candle closes above 167–170 dollars, there may be strong momentum for an increase towards higher prices.
Bullish breakout Close above 167–170 dollars May lead to strong upward movement Price correction 158–162 dollars Important support area
These expectations are based on technical analysis and are not financial advice. It is always recommended to closely follow market movements, especially in short time frames.
Logical entry point: between $1.53 and $1.66. 🔹 Exit/Stop loss point: below $1.30. 🔹 Average target: First $2.08, and second $2.22 if previous peaks are exceeded.
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A simple strategy to make money First, check if the price has recorded a low or a high on the weekly chart. Then look at the daily chart to confirm it. If the price has recorded a high, consider it an upward trend; if it has recorded a low, consider it a downward trend, and thus you have determined your direction! Next, move to a shorter time frame, such as the one-hour chart, where you again identify the lows and highs. If the price has recorded a low, trade towards the next low; if it has recorded a high, trade towards the next high! This will significantly increase your profit ratio! If you want me to explain this on the chart, just follow and like my posts.
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Entry Point 1 87–88 Potential Start of Wave 5 Confirmation Entry 2 Close Above 90.5 Confirmation of Wave 4 Break First Target 92.5–93.5 First Peak of Wave 5 Second Target 95–97 Strong End of Wave 5 Stop Loss <85 Protection Against Strong Adverse Movement # Make sure to monitor trading volumes; entry with strong indicators (such as a strong candle close with high volume) increases the likelihood of Wave 5 success.
If the price retraces and drops below 85 USD, it may indicate a correction extension or a wave structure shift, so the chart should be reanalyzed. This plan coincides with the expectation of a near rise that could push LTC towards 110–115 USD within more advanced scenarios. $
⚠️ Disclaimer: This is not financial advice; always use capital safety and confirm the analysis with your indicators and strategy.
> ✅ A breakout above 9.13 with strong trading volume could change the direction towards a new rise to areas of 9.70 then 10.00+.
Liquidity:
From the chart, there are no candles with long wicks or price gaps, indicating stable liquidity.
Binance platform is often sufficiently liquid for tokens like TRUMP, especially during news periods or election campaigns.
Recommendation:
The market is currently sideways with slight upward tendencies.
You can enter with a light buy near 8.80 with a precise stop loss (8.60), and only strengthen the position upon breaking 9.13. Risk management is preferred.