$TRUMP Short-Term Trading Setup – $TRUMP
After reaching a 24-hour peak of $16.17, $TRUMP is undergoing a sharp correction, with the price retracing to $11.61 as buying momentum fades and sellers begin to dominate.
Setup Overview:
Entry Range: Around $11.80
Target 1: $10.30
Target 2: $9.80 (key support zone)
Stop-Loss: Above $12.40 (last breakout level)
Technical Snapshot:
The short-term bias remains bearish while price action stays below the $12.00 threshold. Watch closely for potential breakdown signals, especially if price dips below $11.30—a move that could confirm further downside continuation.
Current Price: $11.92 (+27.49%)
Consider this a tactical short opportunity as momentum shifts and overhead resistance remains firm.
