$TRUMP
Looking at this chart, price is sitting at 2.335 after a sharp drop, and I'm seeing a lot of MA resistance stacked above. The -9.32% move tells me sellers are in control for now.
What I'm seeing:
Price is trading well below the MA60 at 2.364, which is the first visible resistance level I'm watching. The massive cluster of MAs between 5.41K and higher is clearly lagging data—probably a glitch—so I'm ignoring those and focusing purely on price action and the visible MA60.
What I'd like to see:
A reclaim of 2.364 would be my first sign of strength. If price can hold above that, I'd consider a long with a tight stop. But if we reject here, I'm staying out.
What could go wrong:
Momentum is clearly bearish, and there's no visible support below current price. A break below 2.335 would likely accelerate downside.
📍 Entry: 2.365 (if price reclaims MA60)
🎯 TP1: 2.400
🎯 TP2: 2.450
🛑 Invalidation: 2.300
If price loses 2.300, I'd step away from this setup because there's no visible support beneath that level and the structure would be broken.
I'm watching the reaction here rather than forcing an entry. Confirmation matters more than chasing the move.
https://app.binance.com/uni-qr/cpos/361498473779585?r=TMEXTPT2&l=en&uco=u4t5NRY6-HORtTi_ywKuvw&uc=app_square_share_link&us=copylink
Looking at this chart, price is sitting at 2.335 after a sharp drop, and I'm seeing a lot of MA resistance stacked above. The -9.32% move tells me sellers are in control for now.
What I'm seeing:
Price is trading well below the MA60 at 2.364, which is the first visible resistance level I'm watching. The massive cluster of MAs between 5.41K and higher is clearly lagging data—probably a glitch—so I'm ignoring those and focusing purely on price action and the visible MA60.
What I'd like to see:
A reclaim of 2.364 would be my first sign of strength. If price can hold above that, I'd consider a long with a tight stop. But if we reject here, I'm staying out.
What could go wrong:
Momentum is clearly bearish, and there's no visible support below current price. A break below 2.335 would likely accelerate downside.
📍 Entry: 2.365 (if price reclaims MA60)
🎯 TP1: 2.400
🎯 TP2: 2.450
🛑 Invalidation: 2.300
If price loses 2.300, I'd step away from this setup because there's no visible support beneath that level and the structure would be broken.
I'm watching the reaction here rather than forcing an entry. Confirmation matters more than chasing the move.
https://app.binance.com/uni-qr/cpos/361498473779585?r=TMEXTPT2&l=en&uco=u4t5NRY6-HORtTi_ywKuvw&uc=app_square_share_link&us=copylink