TrumpCoin ($TRUMP ) Market Update
Liquidation Alert:
$93.9K in long positions were liquidated at $24.27, suggesting significant selling pressure and possible continued downside.
Market Overview:
$TRUMP has seen a decline, with liquidations indicating that bullish momentum has weakened. The next move will depend on whether key support holds or if the price continues to fall.
Key Levels to Watch:
Resistance: $25.50 – $26.00 (Key resistance level; breaking above this could signal recovery)
Support: $24.80 – $24.50 (Critical support area; breaking below this could lead to further declines)
Trade Strategy:
Buy Zone: $24.80 – $25.00 (If price holds support and shows signs of a rebound)
Sell Zone: $25.50 – $26.00 (If price faces resistance and fails to break above)
Target: $26.50+ (If bulls regain control and push higher)
Market Sentiment:
$TRUMP is facing pressure after long liquidations, but if it holds support near $24.80, a recovery could be on the horizon. A breakdown below this level may lead to further selling.
Monitor closely and manage your risk accordingly.
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