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TRUMP coin's recent performance has indeed attracted a lot of attention, with the current price breaking above $4.930000, indicating strong bullish momentum. From a technical perspective, the RSI is at 51.6, not at an extreme high, but the upward momentum is quite clear. Key support and resistance levels are worth noting: support at $4.584900, resistance at $5.275100, and the breakout point in the middle at $5.176500.
There are quite a few opportunities at this price level. From a trading strategy perspective, you could plan as follows: start with 10% of your total capital for a light position to test the waters, with a stop-loss set slightly below the support level at $4.584900, and an initial target at $5.275100. Once the price effectively breaks through this critical level at $5.176500, consider increasing your position to follow this wave of momentum.
It’s important to remember that Meme coin volatility is inherently high-risk and high-stimulation, and price movements are often difficult to predict completely. Mental resilience and risk management are especially important here. Stop-losses cannot be skipped, and position management is key — even the most promising market conditions don’t justify risking all your assets.
What do you think about this position? Is anyone paying attention to the possibility of this breakout? Feel free to share your thoughts.