$TRUMP /USDT Rejected from the supply zone - Bears control the market!
After a strong bullish rebound, the price of $TRUMP /USDT was sharply rejected from the resistance area at $12.64, showing clear weakness and failure to break through the supply. The price is now heading down below $12.53, with sellers entering strongly.
Trading settings (Sell):
Entry area: $12.50 - $12.53
Take profit: $12.28
Stop loss: $12.64
Market outlook:
Momentum has shifted downwards with the price's failure to hold above the resistance level. If the $12.53 level becomes a confirmed resistance level, it is likely to continue down towards the support level at $12.28. Trading volumes favor the likelihood of a decline.
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