$TRUMP 🚨 TRUMP/USDT 🚨 Short Term Reversal or Just a Meme Hype? 🤔
Price is currently sitting at $10.21, down -2.58%, after being rejected from $10.52 🚫. Despite its meme status, it's crucial to watch those EMA crossovers & RSI to determine if we have another move coming. 💥
Will it drop further, or is a bounce coming?
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📊 Key Technicals:
EMA(7): $10.28
EMA(25): $10.31
EMA(99): $10.44
🔻 Bearish Momentum (price below EMAs)
MACD: -0.03
RSI(6): 20.02 — Oversold – Could bounce soon! 🚀
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🔴 Short Trade Setup 🏹 (Momentum Play)
Entry: $10.40 - $10.50 (EMA retest & price rejection)
Target: $9.70 (recent low + strong support)
SL: $10.75 (Above 99 EMA)
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🟢 Long Trade Setup (Bounce Play)
Entry: $9.80 (RSI oversold zone)
Target: $10.50 (previous resistance & 99 EMA retest)
SL: $9.50 (Below recent low)
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📉 Quick Outlook
Trend = Bearish (watch for bounce opportunities)
Volume is low; watch for big spikes 📉 if price fails to hold $10