$TRUMP Coin – Major Long Liquidation Spotted at $9.73 ($1.976K)
A sharp move just hit the $TRUMP market with a long liquidation of $1,976 at the critical level of $9.73. This shakeout could be the start of something much bigger. Smart money appears to be exiting aggressively—could it mean a reversal or deeper bleed ahead?
Here's the full Technical Analysis with Key Zones:
Support Zone (Buy Zone):
$7.90 – $8.30
This is a key demand area where buyers previously stepped in strongly. If price revisits this zone, we can expect renewed interest and possible accumulation.
Immediate Resistance:
$9.70 – $10.10
This is where the latest liquidation occurred. The market failed to hold above this zone, suggesting heavy selling pressure. Watch for rejection or consolidation here.
Target 1: $10.85
Target 2: $12.20
Target 3: $13.80 (only if momentum picks up with strong volume)
Stop Loss (for Longs):
Below $7.60
If price breaks and holds below this level, the bullish structure is invalidated.
Market Sentiment Insight:
That $1.976K long liquidation at $9.73 suggests over-leveraged longs are being flushed out. This often marks the beginning of a recovery if strong support holds. However, if the bulls fail to step up near $8.00, the next drop could be much harsher.
Trading Strategy:
Aggressive Entry: Scale in between $8.00–$8.30
Conservative Entry: Wait for a confirmed bounce above $9.10
Trail Stop: After price clears $10.85, start trailing stop for protection
Stay alert. This market just blinked—and whoever moves next will set the direction.
