๐ **TRUMP/USDT Market Analysis: Key Levels & Strategy** ๐๐
The TRUMP/USDT pair is showing intriguing price action on the 15-minute chart, currently trading at **$26.93**, with a sharp **7.71% drop** in the last 24 hours. Hereโs what traders need to know:
๐ฅ **Support & Resistance:**
- **Support Zone**: $24.58 (recent low, strong buying interest here).
- **Resistance Zone**: $27.58 (where price faced rejection earlier). A breakout here could open doors to the **$29.69** 24-hour high!
๐ **Trend & Momentum:**
- The price is stuck below the long-term MA(99), hinting at lingering bearish pressure. However, the short-term MAs are signaling a possible recovery attempt.
๐ก **Entry Strategy:**
- **Bullish Play**: Enter above $27.58 on strong volume, targeting $29.69 with a stop loss at $26.50.
- **Bearish Play**: Short near $27.50 if rejection persists, targeting $24.58 support with tight risk management.
With high trading volume (**30.75M TRUMP**) fueling volatility, this pair is ripe for both scalpers and swing traders! Keep your eyes on the key levels and trade smart. ๐ฐ๐
Whatโs your strategy for TRUMP/USDT? Letโs discuss below! ๐