$TRUMP / USDT - Potential Short Trade Setup! 🚨📉
$TRUMP is currently trading at $14.93, showing a slight decrease of -0.10% on the 4-hour chart. We're observing a potential bearish trend following a period of consolidation. If this pattern holds, a short trade opportunity may arise.
Trade Idea:
* Entry Price: Consider entering a short position around the current price of $14.93 or slightly below if momentum confirms.
* Take Profit (TP): Aim for a profit target around $14.50 (adjust based on your risk tolerance and observed support levels).
* Stop Loss (SL): Place a stop loss above a recent high, perhaps around $15.20, to manage potential losses.
Technical Observations:
* The 4-hour chart shows a series of lower highs and potential for a breakdown.
* The 24-hour volume is relatively high at 18.17M, indicating active trading.
Important Note:
This is not financial advice. Always conduct your own research and manage your risk appropriately. Market conditions can change rapidly.
