Current Market Overview
The 4-hour chart of Trump Coin (TRUMPUSDT) shows that after a recent price surge, a correction phase has followed, leading to market stabilization. Based on moving averages, Bollinger Bands, and key technical indicators, this analysis will outline a precise short-term and mid-to-long-term trading strategy.
Moving Average (MA) Analysis
- 10-day MA (Blue): Represents the short-term trend, currently being tested as support.
- 34-day MA (Yellow): Acting as a critical support level for price stabilization.
- 100-day MA (Green): The main resistance level that must be broken for further bullish momentum.
Key Observations:
- A breakout above the 100-day MA could trigger a strong bullish trend.
- The 34-day MA is a key support level—if it fails, the price may decline further.
Bollinger Bands Analysis
- The price recently bounced off the lower Bollinger Band, suggesting a potential short-term reversal.
- If the price surpasses the mid-band (~$18.2 USDT), further upside potential could be unlocked.
Stochastic RSI Analysis
- Currently moving toward the 80 level, indicating strong buying momentum.
- If Stochastic RSI enters the overbought zone (above 80), a short-term pullback may occur.
MACD (Moving Average Convergence Divergence) Analysis
- The MACD line is crossing above the signal line, indicating a bullish reversal.
- If the MACD histogram turns positive (green bars increase), the uptrend may gain strength.
Relative Strength Index (RSI) Analysis
- Current RSI: 45.87, rebounding from oversold conditions.
- If RSI surpasses 50, the market may transition into a bullish trend.
Volume Analysis
- Trading volume has decreased after the recent rally, indicating a consolidation phase.
- If buying volume increases, a stronger uptrend may develop.
📌 Trading Strategy for Trump Coin (TRUMPUSDT)
✅ Short-Term Trading Strategy
- Entry Price: $16.5 – $17.2 USDT (Accumulate in this range)
- Take Profit Zone: $18.5 – $20 USDT (Exit if the price breaks the Bollinger Band mid-line)
- Stop Loss: $15.8 USDT (Exit if price drops below this level)
📌 Short-Term Trading Summary:
- Enter between $16.5 and $17.2 USDT.
- Take profits at $18.5 – $20 USDT.
- Set a stop loss below $15.8 USDT to minimize risks.
✅ Mid-to-Long-Term Investment Strategy
- The 100-day MA (~$17.4 – $18 USDT) serves as a key resistance level.
- Consider accumulating below $17 USDT and increasing holdings if the 100-day MA is successfully breached.
- Mid-to-Long-Term Target: $22 – $25 USDT (If bullish momentum continues).
- Stop Loss: $15.5 USDT (Protect capital from downside risks).
📌 Mid-to-Long-Term Investment Summary:
- Accumulate between $16.5 and $17 USDT.
- Monitor the 100-day MA breakout ($17.4 – $18 USDT) for potential additional buying.
- Hold for a target price of $22 – $25 USDT.
- Exit below $15.5 USDT to prevent excessive losses.
📢 Conclusion
✅ Short-Term Trading Strategy: Buy at $16.5 – $17.2 USDT, take profits at $18.5 – $20 USDT.
✅ Mid-to-Long-Term Investment Strategy: Accumulate at $16.5 – $17 USDT, target $22 – $25 USDT.
❌ Stop Loss: $15.5 – $15.8 USDT to minimize risk.
⚠️ Risk Management Tip: Given the high volatility of cryptocurrencies, it is crucial to set stop losses and manage risk effectively to protect investments.
🔍 For more market insights and technical analysis, stay tuned for updates!