✨🟢$TRUMP /USDT Sees Sharp Drop: Oversold Signals Hint at Possible Rebound.✨
In the last 4 hours, TRUMP/USDT dropped sharply from ~$10.75 to $9.32 before recovering to $10.12. Volume surged, indicating strong selling pressure. RSI(6) is extremely oversold at 11.02, suggesting a potential short-term bounce.
Support levels:
Strong: $9.32 (recent low)
Weak: ~$10.00 (psychological)
Resistance levels:
Near-term: $10.75
Stronger: $11.08 (MA-25) and $11.90 (recent high)
Indicators:
All MAs (7, 25, 99) trend downward — bearish bias.
RSI suggests oversold conditions, but without reversal confirmation.
Entry strategy:
Cautious long near $9.50–$9.80 with stop below $9.20.
Confirm reversal via bullish candle or volume decline before entry.
✅If $9.32 breaks, expect further drop. If price reclaims $10.75, next target is $11+.