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#TRUMP /USDT Faces Critical Resistance – Will Bulls Prevail?
$TRUMP is trading at $12.08, down 5.99%, after bouncing from a 24-hour low of $11.71. Despite the recovery, price action remains uncertain as it approaches resistance.
Key Levels to Watch
Resistance: $12.40 – A breakout could trigger a move toward $12.80 and beyond.
Support: $11.71 – Holding above this is crucial to sustain any recovery. A drop below may lead to $11.50.
Trade Setup
Long Entry: If TRUMP holds above $12.10, it could rally toward $12.80 and $13.20.
Short Entry: A rejection at $12.10 could see a retest of $11.80, with further downside to $11.50.
Stop-Loss: Manage risk with a stop below $11.65.
Market Outlook
Momentum is shifting, but TRUMP needs to clear resistance to confirm a bullish reversal. A breakout could spark a strong rally, while failure may result in renewed selling pressure.