🔥TRUMP/USDT: Time for decisive actions 🚀
TRUMP/USDT on the hourly timeframe is forming an interesting structure that may provide an excellent entry point. The price is trading near the key level of 5.725, and the indicators suggest a possible continuation of the upward trend.
🚨Brief overview of indicators:
EMA(21): 5.678
EMA(50): 5.714
EMA(99): 5.741
RSI(6): 75.6 — overbought
RSI(14): 55 — neutral
MACD: +0.013 — momentum in favor of bulls
💰Trading plan:
Main scenario — long. We wait for a confident breakout of 5.725, which will open the way for the next upward impulse.
🎯Targets:
5.800 (+1.63%)
5.850 (+2.51%)
5.900 (+3.39%)
➡️Entry:
Conservative — after the breakout of 5.725 with confirmation.
Aggressive — from the current price of 5.707, considering local pullbacks.
⛔️Stop-loss:
It is optimal to place the SL at 5.660 to reduce potential risks during corrections.
📌Conclusion: The market shows readiness for upward movement, but it is important to monitor the reaction at the level of 5.725 — it will be key to further growth. Happy trading!
Spot trading 👉$TRUMP
Futures 👇
