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    OFFICIAL TRUMP4.95
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    Long position VS. short position: Which one is better?
    In the world of trading, understanding the concepts of long and short positions is crucial for making informed decisions. A long position involves buying an asset with the expectation that its value will rise, while a short position entails selling an asset you don't own, betting that its price will fall.
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    $TRUMP Surges Over 10%! Trump's Endorsement Acts as a Catalyst!

    Source Tradingkey

    TradingKey - Influenced by President Trump's endorsement, $TRUMP surged 11%, but can the rally continue?  

    On the evening of March 23, following President Trump's endorsement, TRUMP coin instantly surged over 11%, rising from a low of around $11 to a high of $12.24. Subsequently, the price of TRUMP coin retraced to $11.28 but is now gradually rebounding to $11.8.

    $TRUMP Price Chart

    $TRUMP Price Chart, Source: CoinMarketCap.

    Trump posted on his social platform Truth, stating, "I love TRUMP coin—so cool!!! The greatest of them all!!!!!!!!!!!!!!!"

    Content Posted by Trump

    Content Posted by Trump, Source: Truth.

    Although $TRUMP  experienced a noticeable pullback after Trump's endorsement, it did not fall back to its starting point. Moreover, the price has gradually recovered this morning, often indicating that funds are stepping in to support the price, suggesting the rally may continue.


    Source
    Disclaimer: For information purposes only. Past performance is not indicative of future results.

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