I’ve been watching TRUMP’s movements all day, and this chart definitely has some tricks up its sleeve.

Currently, TRUMP is trading at around $5.35. From the chart, it appears to be in a typical pullback and consolidation phase. The RSI indicator is stuck at 43.8, neither overbought nor oversold, sitting in the neutral zone. This is when one’s resolve is truly tested—watching the candlesticks fluctuate up and down, it’s hard not to want to make a move. But I always feel that this dip isn’t a sign of weakness; rather, it seems like the market is gathering strength.

On the technical side, there are a few key levels to watch: support below at $4.9755, resistance above at $5.7245, and the critical breakout point at $5.6175. My experience tells me that as long as we can confidently break through $5.6175, a good rally is likely to follow. Conversely, if it drops below $4.9755, we need to be alert—reduce positions if necessary, and cut losses if needed.

So here’s my approach: start with 10% of my funds to test the waters and gauge the market’s temperament. Place a stop-loss around $4.95 to leave some breathing room. If all goes well, my first target is around $5.7245—if I can catch it there, that’s a small win. If it breaks upward convincingly, I’ll gradually add to my position to maximize profits. But if the trend turns around, I won’t hesitate—cutting losses and protecting capital is the priority.

What do you all think? Drop your thoughts in the comments!