TRUMP is currently trading at $4.91, reflecting a -0.88% pullback over the past 24 hours. Despite this minor drawdown, the token continues to display consistent upward pressure as it approaches the critical 9.70–9.75 overhead zone.
Technical Analysis
The resistance cluster around 9.75 represents a significant hurdle for bulls. A decisive break above this level would validate the broader uptrend and potentially pave the way toward 9.80 and the next target at 9.88. On the downside, maintaining support above the 9.60 level remains essential for sustaining buyer momentum. Should the price slip below 9.60, we could see a retest of lower support structures.
Trading Opportunity
For traders looking to capitalize on this setup, here’s the recommended approach:
Entry Zone: 9.65–9.69 (dip into stronger demand area)
Profit Targets:
9.75 (first resistance)
9.80 (secondary target)
9.88 (extended target)
Stop Loss: 9.58
This setup offers favorable risk-reward dynamics, with the entry zone positioned just above key support while targeting multiple resistance breaks. The key is patience—wait for price to approach the suggested entry zone rather than chasing at resistance levels.
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TRUMP Approaching Key Resistance – Trading Opportunity Emerges
TRUMP is currently trading at $4.91, reflecting a -0.88% pullback over the past 24 hours. Despite this minor drawdown, the token continues to display consistent upward pressure as it approaches the critical 9.70–9.75 overhead zone.
Technical Analysis
The resistance cluster around 9.75 represents a significant hurdle for bulls. A decisive break above this level would validate the broader uptrend and potentially pave the way toward 9.80 and the next target at 9.88. On the downside, maintaining support above the 9.60 level remains essential for sustaining buyer momentum. Should the price slip below 9.60, we could see a retest of lower support structures.
Trading Opportunity
For traders looking to capitalize on this setup, here’s the recommended approach:
Entry Zone: 9.65–9.69 (dip into stronger demand area)
Profit Targets:
Stop Loss: 9.58
This setup offers favorable risk-reward dynamics, with the entry zone positioned just above key support while targeting multiple resistance breaks. The key is patience—wait for price to approach the suggested entry zone rather than chasing at resistance levels.
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