$TRUMP /USDT BEARISH BREAKDOWN – SELL PRESSURE GROWING AFTER SHARP DROP!
$TRUMP has broken below the critical $10 psychological level, currently trading around $9.76 after a -9.21% daily dip. Price failed to reclaim $10.99 resistance and is now forming a descending pattern on the 1H chart, with lower highs and weak bounce attempts. Bears are in control as volume builds near the $9.40–$9.32 support zone.
Trade Setup (SHORT):
Entry: $9.90 – $9.75
TP1: $9.30
TP2: $8.70
Stop Loss: $10.45
Why Short?
After multiple rejections near $11.00 and a -18.6% weekly drop, trump shows clear exhaustion from bulls. The bearish engulfing candle and failure to reclaim moving averages add to the downside risk. If price loses $9.30, further panic selling could accelerate.
Risk Management Tip:
Don't average down. Stick to your stop loss and trail profits as price moves toward targets.
Don’t let this breakdown slide by — enter early and ride the bearish wave on $TRUMP!
Sell smart — don’t chase green candles when the trend is turning red!