$TRUMP STABILIZING AFTER A BRUTAL FALL IS A BASE FORMATION❓$TRUMP reached a high of $16.44 before falling to $11.08, down -1.42% today. After a massive rally and a sharp correction, the daily chart now shows signs of sideways movement and potential base formation.
Trend Summary:
• Massive increase to $16.44
• Followed by consistent lower highs
• Support holding around $10.75 – $11.00
Order Book Breakdown:
• Buyers: 49.00%
• Sellers: 51.00%
Momentum Outlook:
Volume has decreased compared to peak levels, but order book activity remains relatively balanced. RSI is likely cooling down—watch for bullish engulfing candles or hammer candles as early reversal signals.
Next Steps:
If bulls defend $11.00 and reclaim $11.30+, a short-term relief rally towards $12.00 – $12.80 may develop. Below $10.75, the risk of further decompression increases.
buy and trade here $TRUMP
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