$TRUMP STRUGGLING NEAR SUPPORT – BREAKOUT COMING OR FADING FAST?
$TRUMP is currently trading at $12.56, down -3.68%, after falling from a 24h high of $13.60. The price is compressing just above local support, with a tight range forming. Buyers are trying to defend $12.50, but the resistance zone just above needs to be cleared for a bullish turnaround.
Key Levels to Watch:
• Resistance Zone: $12.75 – $12.95
A breakout above this could ignite a short-term recovery.
• Support Zone: $12.46 – $12.52
Losing this range may open doors to deeper downside levels.
Trade Setup – Range Squeeze in Play:
Bullish Scenario:
If price breaks above $12.75 with strong volume, next targets may include:
• TP1: $12.95
• TP2: $13.20
Bearish Scenario:
Dropping below $12.46 could push price lower toward:
• TP1: $12.20
• TP2: $11.85
Stop-Loss Levels:
• Long Entry: SL below $12.46
• Short Entry: SL above $12.95
$TRUMP is holding a fragile zone. Bulls must reclaim $12.75 to regain control, while a breakdown under $12.46 may invite sharp selling. Patience and precision matter here—wait for confirmation before entering.