Investors may consider entering the market in batches when prices approach the lowest point (7). This strategy can effectively reduce investment costs and is suitable for long-term bullish investors.
Observe the support level: In the current price pattern, closely monitor the support level at $7.00. If the price can stabilize here, it may provide a greater margin of safety for buying.
Selling strategy
Stop-loss setting: Given the current market environment and the volatility of TRUMP prices, it is advisable to set a reasonable stop-loss level to guard against potential further declines. Consider setting a stop-loss level near $7.00.
Reduce positions on highs: If TRUMP prices rebound to around $7.7750, it is recommended that investors consider moderately reducing their positions to lock in some profits. This will help reduce risk while also providing an opportunity for realization.
Risk reminder
Currently, the market is highly volatile, and investors should remain cautious during trading, implement risk control, and avoid excessive chasing of highs or blindly bottom-fishing. At the same time, closely monitor external factors affecting the market, including policy changes and major market news.
In summary, regarding the current market for TRUMP, effective risk management and adjustment of buying and selling strategies in line with market dynamics will be effective means to cope with short-term fluctuations.
