$TRUMP Signal】Long - 1H Breakout of Previous High, Clear Signs of Capital Support



$TRUMP The 1H timeframe just broke above the previous high of 3.481 with increased volume, and has stabilized above the EMA20(3.4368), indicating strong short-term momentum. The 4H chart has closed positive for several consecutive periods, and has broken above the EMA50(3.4535), a key resistance level, shifting the trend from weak to strong. The current price is close to the intraday high, with sparse sell orders on the order book, showing clear intent of main force support.

🎯Direction: Long (Long)

🎯Entry/Order: 3.490 - 3.495 (Reason: Breakout retest confirms support zone, 1H EMA20 support moving higher)

🛑Stop Loss: 3.430 (Reason: Break below the start of the previous 1H bullish candle and EMA50 support)

🚀Target 1: 3.580 (Reason: Previous wave high and psychological round number)

🚀Target 2: 3.680 (Reason: 1.618 Fibonacci extension level)

🛡️Trade Management:

- Position Size: Light (Reason: Hot Coin has high volatility, risk control is essential)

- Strategy: Reduce position by 50% after reaching Target 1, and move stop loss to entry price. Hold remaining position to aim for Target 2. If price falls below the 1H EMA20(dynamically), exit all positions.

Deep Logic: While the price rises by 4.86%, open interest(OI) remains stable, indicating genuine buying rather than short covering. The 1H RSI(67.13) is in the strong zone but not overbought, leaving room for further upward movement. Order book depth shows large buy orders accumulated in the 3.48-3.49 range, forming solid support. Negative funding rates suggest persistent short pressure, with potential for short squeeze.

Trade here 👇 $TRUMP

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
TRUMP6.1%
BTC1.48%
ETH1.92%
SOL5.16%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)