šØ What to Do with
$TRUMP After the Rally & Correction? šØ
If you're holding or eyeing
#TRUM after the recent surge and sharp correction, here's a clear breakdown to help you make informed decisions! š
š The Current Scenario: Overhyped Rally
#TRUMP experienced a massive pump š, attracting buyers at high levels. However, the sharp correction has caused losses of -50% to -60% for many holders.
š Technical Analysis Highlights
š¹ Bearish Trend: Downtrend is dominating the market, applying pressure on prices.
š¹ Key Support: The trendline from the recent bottom is a critical support zone. Historically, TRUM has respected Fibonacci retracement levels (0.5 & 0.61).
š” Critical Levels to Watch
ā”ļø If Support Breaks: The price could drop further toward $20, creating a selling opportunity.
ā”ļø If Support Holds: A bullish pattern could form, potentially pushing the price toward $60+ š.
ā What Should You Do?
šØāš¼ For Current Holders (Bought at High Levels):
Monitor the trendline support closely.
If it breaks, manage riskāconsider reducing your position.
If it holds, you might consider averaging down or holding for a potential bounce.
š For New Buyers:
Wait for confirmation.
Look for either a bullish reversal near support or a breakdown to capitalize on selling momentum.
ā ļø Donāt chase the hype blindlyāalways follow the technicals!
ā ļø Final Thoughts
The market is unpredictable. šš Patience, vigilance, and proper risk management are essential when trading assets like
$TRUMP .
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š Stay ahead, stay informed!
$TRUMP