BlockchainBaller
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Bearish
FEELING TERRIBLE FOR THOSE WHO BOUGHT #TRUMP AT $70 OR $65..... #TRUMP HOLDERS ARE COMPLETELY WIPED OUT❗Just as I predicted a few days ago, #TRUMP has hit $15. Will it drop further or stabilize at this level? ❓
$TRUMP /USDT shows a significant bearish trend over the 4-hour time frame, with the price testing critical levels after a steep decline. Here’s an analysis based on the chart:
Current Overview:
Current Price: $17.53
24H High/Low: $22.65 / $16.12
Indicators:
RSI is oversold at 23.93, suggesting a potential bounce.
MACD indicates bearish momentum, with no clear signs of reversal yet.
Key Levels to Watch:
1. Resistance:
$19.50: Short-term resistance to break for potential recovery.
$22.65: Major resistance if momentum shifts.
2. Support:
$16.12: Immediate support; breaking below could lead to $15 or lower.
$13.00: Critical support zone to prevent further sell-off.
Insights:
The price is consolidating near the lower boundary, indicating pressure on the support level.
A descending channel hints at possible continuation unless a breakout occurs above $19.50.
Would you like a detailed trade setup with potential entry, targets, and stop-loss levels? Let me know!
$TRUMP /USDT shows a significant bearish trend over the 4-hour time frame, with the price testing critical levels after a steep decline. Here’s an analysis based on the chart:
Current Overview:
Current Price: $17.53
24H High/Low: $22.65 / $16.12
Indicators:
RSI is oversold at 23.93, suggesting a potential bounce.
MACD indicates bearish momentum, with no clear signs of reversal yet.
Key Levels to Watch:
1. Resistance:
$19.50: Short-term resistance to break for potential recovery.
$22.65: Major resistance if momentum shifts.
2. Support:
$16.12: Immediate support; breaking below could lead to $15 or lower.
$13.00: Critical support zone to prevent further sell-off.
Insights:
The price is consolidating near the lower boundary, indicating pressure on the support level.
A descending channel hints at possible continuation unless a breakout occurs above $19.50.
Would you like a detailed trade setup with potential entry, targets, and stop-loss levels? Let me know!
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