$TRUMP /USDT — Technical Analysis & Trade Setup
Current Price: $10.98
24h Change: +2.52%
Timeframe Analyzed: 2H
Technical Analysis:
Trend: Sideways-to-slight recovery after steep selloff from $13.50 to $10.35.
Support: $10.35 (recent low and volume spike zone).
Resistance: $11.25 (24h high), and strong resistance around $11.00 (visible in the order book).
Volume: Noticeable spike at the low, suggesting capitulation or strong accumulation.
Bid Dominance: 53.94% – showing strong buying interest.
Sell Walls: Heavy resistance starts building at $11.00.
Trade Setup:
Bullish Scenario (Bounce Play):
Entry: $10.80–$10.95 (slightly above volume support)
Target 1: $11.25
Target 2: $11.70
Stop-Loss: $10.30
Bearish Scenario (Fakeout Rejection):
Entry: $11.00–$11.10 (if price fails to break and hold)
Target: $10.40
Stop-Loss: $11.30
