$TRUMP 🔥 TRADE AND INVEST 🔥
#TRUMP Price Cooling Off After Parabolic Surge What’s Going Wrong❓
$TRUMP is currently trading at $10.85, down -2.34% for the day, and showing clear signs of fading momentum after its explosive rally to $16.44.
1. Post-Pump Exhaustion:
After rocketing from around $7.14 to $16.44, the market is experiencing natural profit-taking. These pullbacks are typical after euphoric surges.
2. Lower Highs and Bearish Structure:
Since the peak, $TRUMP has formed a series of lower highs and lower lows a textbook sign of weakening trend strength.
3. Support Slipping:
The price is hovering just above $10.68 (today's low). If this level breaks, we could revisit the $9.80–$10.00 support zone.
4. Volume Divergence:
Despite earlier heavy buying, recent daily volumes are thinning out. Demand is not keeping up with supply.
5. Order Book Split:
Buy-side and sell-side are nearly balanced (50.43% vs. 49.57%), meaning there’s indecision and that can quickly lean bearish without bullish confirmation.
Short-Term Outlook: • If bulls defend the $10.60–$10.80 zone, we may see a relief bounce toward $11.50–$12.00.
• A break below $10.50 could invite sharper downside with a retest of the $9.20–$9.80 zone.
⚙️ Risk: Use proper risk management — 3x–5x leverage recommended