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Recently, TRUMP's trend has been quite interesting. The current price is around $5.420000. This wave of fluctuation has lasted for some time, and the RSI indicator shows 49.7, indicating a relatively neutral position. From a technical perspective, this consolidation state is often a buildup period before a major move.
I took a close look at the key support and resistance levels. The support below is quite clear, set at $5.040600, and the resistance above is at $5.799400. The critical breakout point that will determine the trend should be $5.691000—if we can effectively break through this level, there is considerable room for upward movement. Conversely, if the price falls below the support at $5.040600, caution is needed as a correction wave may follow.
Honestly, this kind of market condition can easily tempt people to make impulsive decisions. My approach is to adopt a laddered entry strategy, initially using 20% of the total position for tentative buying, with a stop-loss set slightly below $5.040600. This way, I can respond more calmly to potential declines. If the market breaks through $5.691000 as expected, the target is directly at the resistance level of $5.799400.
However, it’s also important to be clear: if the support level is truly broken, there’s no hesitation—just cut losses immediately. This is much wiser than stubbornly holding on. After all, no one can predict the market perfectly, but having a clear risk management plan can at least keep risks within an acceptable range.
Would love to hear everyone’s thoughts on this coin. Do you have any predictions for the upcoming trend? Are you planning to buy on dips or wait for clearer signals before taking action?