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The early morning market is once again stirring. TRUMP is currently trading around $4.770000. From a technical perspective, this position is like a warm-up before the dance—the rhythm is still building, and the strength is brewing. The RSI indicator is now at 48.0, not in the overbought or oversold zone, indicating there is still room to push higher.
Interestingly, the community has seen a surge in activity over the past two days. Various discussions, memes, and viewpoints are constantly being shared—FOMO sentiment is indeed spreading, and many are eager to jump in. Does this atmosphere have an impact on the price? To some extent, yes, but more importantly, it’s supported by technical factors.
From a technical analysis perspective: support is at $4.436100, resistance is at $5.103900, and there’s a key breakout point at $5.008500. If the price can stabilize above this level, there may be new upward potential ahead. However, based on the current technical state, there’s no clear breakout signal yet.
Personally, I prefer to wait until the price approaches around $5.008500 before considering adding to my position, rather than FOMO entering now. Risk management is always the top priority; even in the best market conditions, proper position management is essential.
⚠️Disclaimer: The above is solely market observation and does not constitute any investment advice.