Conrun

HOLD Or SELL pls help me
#TRUMP $TRUMP

#MELANIA /USDT has potential to rise if it holds the $2.345 support level, as the RSI indicates oversold conditions, suggesting a possible rebound. Key resistance levels to watch are $2.83 and $3.93. High trading volume supports recovery if demand increases, but breaking support could lead to further declines. Monitor for bullish signals like RSI recovery or MACD crossover while managing risks carefully.

#MELANIA /USDT Analysis: Approaching a Critical Zone #MELANIA /USDT is trading at $2.46, experiencing a 6.04% decline over the past 24 hours. The RSI is at an extreme low of 13.74, indicating a highly oversold condition. The pair continues to trade within a sharp downtrend.

Key Levels to Watch:

Resistance:

$2.83: Immediate resistance; a break above could signal some recovery.

$3.50: Next significant level to regain upward momentum.

Support:

$2.34: Critical short-term support; breaking below this level could lead to further selling pressure.

$2.00: A psychological support zone and potential rebound area.

Trade Setup:

Long Entry: Above $2.83, targeting $3.20 and $3.50, with a stop-loss at $2.50.

Short Entry: Below $2.34, targeting $2.00 and $1.80, with a stop-loss at $2.50.

Market Insight:

The extreme oversold RSI suggests the possibility of a technical rebound. However, with sustained bearish momentum and declining volumes, a reversal requires confirmation. Traders should wait for a break above resistance or confirmation of support holding at $2.34 before entering any positions.

Caution is advised as the volatility remains high. Watch for any spikes in volume to indicate potential trend shifts.
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#XRP price could rise from the current retest level to the next high at $4
$XRP