$TRUMP /USDT TECHNICAL ANALYSIS: TRUMP FACES RESISTANCE NEAR $10.20 – CRITICAL SUPPORT AT $9.50, SL BELOW $9.20
$TRUMP /USDT is currently trading at $9.77, down by -2.69% after failing to sustain above the $10.00 psychological level. The pair is consolidating within a tight range, with signs of selling pressure on the 4H chart.
🔹 Support Levels: $9.50 and $9.20
🔹 Resistance Levels: $10.20 and $10.80
The price has tested the $10.20 resistance multiple times but has not yet broken above. As long as TRUMP holds above $9.50, the bulls may attempt another push upward, but a breakdown below $9.20 could shift the sentiment bearish.
📊 Trade Setup (Range-Bound Play):
Long Entry: Near $9.60–$9.70 support zone
TP1: $10.20
TP2: $10.80
SL (Stop Loss): Below $9.20
📉 Market Outlook:
TRUMP remains volatile like most meme tokens, and the current range-bound structure demands patience. A breakout above $10.20 can invite strong bullish momentum, but until then, it remains in a tight channel.
⚠️ Risk Management:
Trade with small positions (1–2% risk per trade). Always place SL due to high volatility and avoid chasing pumps.