$TRUMP
is moving fast — but the real test is still ahead.
On the 4H chart, $TRUMP is trading around $2.84 after reclaiming the short-term moving averages. Price is now above the MA(7) at $2.63 and MA(25) at $2.41, while the MA(99) sits much lower near $1.87. That tells me momentum has clearly shifted bullish in the short term.
But I’m not chasing this candle. RSI is around 83.5, which shows strong momentum but also leaves very little room for a careless entry. The bigger issue is resistance: $2.93 is the immediate 24H high, and the $3.00 area is likely to attract both profit-taking and fresh liquidity.
Volume is still active, but the latest 4H volume shown is below its 5-period average. I’d want to see a clean breakout above $2.93 with stronger volume before calling it a real continuation.
My take: bullish structure, overheated momentum. If $2.63 holds on a pullback, buyers still have control; losing $2.40 would weaken the setup.
Would you wait for a breakout, or prefer a pullback entry?
#TRUMP don't miss 👉 $ENA
is moving fast — but the real test is still ahead.
On the 4H chart, $TRUMP is trading around $2.84 after reclaiming the short-term moving averages. Price is now above the MA(7) at $2.63 and MA(25) at $2.41, while the MA(99) sits much lower near $1.87. That tells me momentum has clearly shifted bullish in the short term.
But I’m not chasing this candle. RSI is around 83.5, which shows strong momentum but also leaves very little room for a careless entry. The bigger issue is resistance: $2.93 is the immediate 24H high, and the $3.00 area is likely to attract both profit-taking and fresh liquidity.
Volume is still active, but the latest 4H volume shown is below its 5-period average. I’d want to see a clean breakout above $2.93 with stronger volume before calling it a real continuation.
My take: bullish structure, overheated momentum. If $2.63 holds on a pullback, buyers still have control; losing $2.40 would weaken the setup.
Would you wait for a breakout, or prefer a pullback entry?
#TRUMP don't miss 👉 $ENA
