Technical analysis by vagada about Symbol MELANIA: Buy recommendation (7/15/2025)

This is MELANIA on the 1-day chart. First, I want to emphasize the bullish divergence on the RSI, which started on April 21, while price continued to drop, RSI held or even moved higher. Second, although we’re still below the 50MA and the chart doesn’t yet have a 200MA, both systems are long: • PSAR is bullish • MLR > SMA > BB Center Third, it appears a base has been forming since June 27. All these factors combined led me to open a long position, but of course, this is just my view, not financial advice. Always take profits and manage risk. Interaction is welcome.MELANIA has been climbing since I posted the long idea on July 15. Yesterday, price paused at the 50MA — just like it did three times earlier this year. But today, instead of rejecting, it’s pushing above, trying to flip it into support. This process may take time — we’ll be here to watch it unfold.