Currency $TRUMP .. Has the party ended or is it a warrior's break? 🤔🇺🇸
Guys, I've noticed a lot of questions recently regarding meme coins associated with President Trump, and whether they still have "momentum" to rise after the election buzz has calmed down and we started to see his decisions in reality.
Honestly, from my observation of the market, the situation is as follows:
📉 Analysis in brief:
The currency has currently decoupled a bit from Bitcoin's movement and has started to move based on "news" and statements. Any positive news about crypto regulation from the White House = immediate green candle. We are currently in a boring accumulation area, and the whales are trying to shake out the "nervous hands" before any big movement comes with the start of the new year.
💡 My opinion and recommendation (from trader to trader):
The currency is not for long-term investment (do not put your life savings in it), it is a "momentum" currency.
Entry plan: Don't chase the green candles! Wait for any violent correction (Dips) and buy small portions.
Target: As soon as any new government decision regarding crypto is issued, sell and take your profit. Don't be greedy.
In summary: The currency is excellent for quick speculation (Swing Trading), but keep your "stop loss" as your loyal friend.
Share your opinion in the comments, do you expect a new peak soon? 👇
