🔥TRUMP plummets 11% reaching the depths of overselling! $9.5 strong support sniper position exposed, 3 times risk-reward ratio rebound imminent!
Technical Analysis:
1. Price Status:
• Bollinger Bands: Current price $9.83 deeply trapped below the lower band ($9.87), deviating -11.86%, extreme overselling signal!
• MA200: Price below $10.34 (deviation -4.95%), mid-term bearish strong control.
• Holding Cost: $10.28 as resistance level, sustained sell pressure from trapped positions.
2. Market Strength:
• Trading Volume: 24-hour volume surged 583% (5.83 times), panic selling intensified.
• Fund Flow: Net outflow of $1.17m (12h), clear dominance of short positions.
• Order Book: Near area sell orders pressure $143k, but $9.5 gathers $623k buyer liquidity, forming a key defense line.
3. Key Levels:
• Support: $9.5 (buyer liquidity fortress) → $9.1 → $8.0
• Resistance: $10.8 (seller concentrated area) → $11.2 ($1.22m pressure order)
Market Cycle:
Continuation of mid-bear market, 7-day plunge of 9.45%, no signs of a stop in decline.
Trading Strategy:
1. Long Rebound (high risk, high reward):
• Entry: $9.53 (relying on $9.5 liquidity bottom)
• Stop Loss: $9.10 (if broken, trend worsens)
• Target: $10.80 (arbitrage in resistance area)
• Risk-Reward Ratio: 3.25 (strictly calculated according to rules)
2. Risk Warning:
• If $9.5 is lost, fear of a flash drop to $8.0 ($357k buy order weak)
• Position ≤2%! Avoid low liquidity periods in the Asian session (prone to spikes)
• Conditions for strategy failure: Sudden macro negative impacts like CPI or breaking $9.1 with volume
> Opportunities on the knife's edge: Oversold rebounds require strict stop loss, bulls limited to short-term sniping!
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