Quick heads up on $TRUMP.....we’re sitting around $5.6968, and honestly, it’s showing a modest +1.37% gain. The chart looks like a mixed bag with thin momentum, and the moving averages are hovering just above the current price, hinting at possible resistance ahead.
If you’re holding, keep an eye on the $5.6900 – $5.6850 zone; that’s the area where buyers might step back in. If that level breaks, we could see a slide toward the next support. On the upside, resistance lies near $5.7478 – $5.7535; a clean break with volume could spark a rally.
My personal take: I’d watch the $5.69 support closely. If you’re already in, tighten your stops or lock in a little profit. This feels more like a pause than a pump, so stay cautious and let the market show you the move before jumping in.
Disclaimer: Just my personal thoughts. Not financial advice....DYOR.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Dear #Binancians
Quick heads up on $TRUMP.....we’re sitting around $5.6968, and honestly, it’s showing a modest +1.37% gain. The chart looks like a mixed bag with thin momentum, and the moving averages are hovering just above the current price, hinting at possible resistance ahead.
If you’re holding, keep an eye on the $5.6900 – $5.6850 zone; that’s the area where buyers might step back in. If that level breaks, we could see a slide toward the next support. On the upside, resistance lies near $5.7478 – $5.7535; a clean break with volume could spark a rally.
My personal take: I’d watch the $5.69 support closely. If you’re already in, tighten your stops or lock in a little profit. This feels more like a pause than a pump, so stay cautious and let the market show you the move before jumping in.
Disclaimer: Just my personal thoughts. Not financial advice....DYOR.
#TRUMP #Rmj-Trades