$TRUMP Fake Rally Exposes the Truth: Short Sellers Keep 10.47K Pressure on 9.600!
Today's TRUMP trend can be summed up in one word—weak! Don't be fooled by the current price of 9.543, barely in the green with a 0.26% increase; it's purely a lure and fundamentally unstable.
The 7-day moving average at 9.509 can't hold for three seconds. The core issue is that money is not entering the market! Trading volume has shrunk to 118,000 lots, not even close to the estimated 360,000.
Looking at the orders makes it even clearer: there's a massive 10.47K sell order piled up near the key position, like a mountain pressing down, while down below at 9.313 there appears to be 11.76K buy orders, but they're a long way from the current price, merely decorative.
Buy/sell indicator委比-0.13%委托差-39 in bright green indicates the shorts are in control. The market fluctuation is only 0.37%, continuously declining, and those few scattered buy orders can't support the market.
To emphasize: 9.600 is the lifeline; if it breaks, it will definitely plunge downwards. The first target is 9.400, and it may even touch 9.300.
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