Not long ago, TRUMP coin was the talk of the crypto world, soaring to a staggering $83 in a spectacular rally. But as with every euphoric rise, the pullback was inevitable. TRUMP plunged to $14, leaving many traders wondering—was the hype over?
Yet, in the ever-unpredictable world of crypto, nothing stays still for long. TRUMP has shown signs of life again, bouncing back to $18.8. Now, the burning question is: Is this the beginning of another explosive rally, or is more downside ahead?
Let’s explore these possible scenarios and how you can trade TRUMP like a pro.
Possible Scenarios
1. Price Bouncing Back Strong
Momentum traders are eyeing a potential comeback as TRUMP attempts to reclaim lost ground. If the rally continues, key resistance levels to watch include:
• $20.5 – The first major resistance; breaking above this level could trigger a short-term rally.
• $28.3 – A key psychological level where profit-taking may occur.
• $43.8 – A critical resistance point; if TRUMP reaches this zone, it could attract significant buying interest and FOMO-driven momentum.
Pro Tips:
• If TRUMP breaks above $20.5 with high volume, consider entering a long position.
• As price approaches $28.3 and $43.8, take partial profits to secure gains while keeping exposure to further upside.
• Use trailing stop-losses to protect profits in case of sudden reversals.
• If price fails to break resistance levels, consider reducing exposure or waiting for a better entry.
2. Bearish Drop – Another Leg Down?
Despite the recent bounce, the market remains uncertain. If TRUMP fails to hold $14 and breaks below it with high volume, it could signal renewed bearish pressure.
Key psychological support levels to watch:
• $10 – A major round-number support level where buyers may step in.
• $5 – A historical low that could serve as a strong accumulation zone.
Pro Tips:
• If TRUMP breaks below $14 with high volume, consider shorting the asset to capitalize on further downside.
• For dip buyers, wait for signs of stabilization at $10 or $5 before entering. A strong bounce off these levels could present a great buying opportunity.
• Watch RSI and volume—if TRUMP drops on low volume with RSI divergence, it may indicate a potential bottom formation.
Final Thoughts
TRUMP coin remains a highly volatile asset, offering both risk and reward for traders. Whether it stages a strong recovery, drops to new lows, or consolidates in a range, staying patient and adapting to market conditions is key.
• For bulls – Look for volume-driven breakouts above resistance levels.
• For bears – Monitor price action near key supports and be ready to short if weakness prevails.
• For patient traders – Watch for confirmation signals before committing to a trade.
Crypto markets are unpredictable, but with the right strategy and discipline, you can trade TRUMP like a pro.Would you go long, short, or stay on the sidelines? Drop your thoughts below! 🚀📉
Pro Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
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