$TRUMP Strong Breakdown Continues – Bearish Momentum Active
Price currently at $8.12 (-3.45%), showing strong rejection from the $8.60+ supply zone. After multiple failed attempts to reclaim resistance around $8.30–$8.40, sellers are dominating, and the 15m structure confirms lower highs and pressure building downward.
Current Price: $8.12
Key Support Zone: $8.00–$8.05
Resistance Zone: $8.30–$8.40
Bearish Bias Until: Price closes above $8.20
Short Setup in Play:
Entry Zone: $8.12–$8.14
Final Target: $7.62
Stop Loss: $8.30
Why This Setup Makes Sense:
Clear supply pressure from above, breakdown below local support, and weak buying follow-through indicate likely continuation to lower zones.
Risk Tip: Scale in cautiously and trail SL tightly after $8.00 is breached.
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