The recent market rally reminds me of the crazy days of 2017.



Have you noticed that the community buzz around certain Meme coins has exploded? Every day, you can see all kinds of creative jokes and community discussions. That atmosphere feels very familiar. I myself am getting a bit itchy; it’s like time is rewinding.

Speaking of technical analysis, TRUMP is currently trading around $4.910000, with an RSI indicator at 45.9. At first glance, the candlestick chart shows a consolidation phase, and the indicators don’t signal anything particularly special. But here’s an interesting point — in the case of Meme coins, technical indicators are often just a reference. The real driving force comes from community enthusiasm and conviction.

From the chart, the key support level is at $4.566300, resistance above is at $5.253700, and the breakout point is roughly at $5.155500. If it can break through this level, it basically means there’s a possibility of accelerated upward movement.

My plan is as follows: start with a light position, controlling about 20% of the total funds, with a stop-loss set at $4.566300. If the price can stay above the support, I’ll look toward the resistance at $5.253700. The key is that once it breaks through $5.155500, I will consider increasing the position to 50%.

Meme coins are all about confidence and timing. The current atmosphere looks good, but risk management is also essential. What do you all think about this level? Feel free to share your thoughts.
TRUMP0,1%
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gas_fee_therapistvip
· 11h ago
Itching to buy, but I didn't bottom out during the 2017 wave. I don't want to FOMO this time either. Better to stay on the sidelines.
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ProposalDetectivevip
· 11h ago
Itching to get started is real, but starting with 20% is a bit conservative... Is this really different this time?
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RugPullProphetvip
· 11h ago
I also experienced the frenzy of 2017, but this time it feels a bit different.
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