$TRUMP – RALLY FADES, BEARISH REVERSAL IN PLAY?
REJECTION FROM LOCAL HIGH. VOLUME SPIKE MET WITH SELL PRESSURE.
After a sharp breakout to $9.05, $TRUMP is struggling to hold gains as rejection candles form near the top with increased selling volume. The last three candles show clear signs of exhaustion and short-term distribution around the $9.00 zone.
Trade Setup:
Short Entry: $9.00
Targets: $8.85 / $8.74
Stop Loss: $9.08
If price loses $8.95, momentum could accelerate to the downside. Caution advised as bulls appear to be losing steam near resistance.
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