$TRUMP
Dip: Strategic Buy or Caution Signal?
Whatโs your take, everyone? Share your thoughts below! ๐๐ป๐๐ป
$TRUMP โ Bearish Momentum Persists
$TRUMP is on a downtrend, currently trading at $9.35, down 0.85% over the past 24 hours. After reaching a recent high of $9.54, selling pressure has pushed the price lower, hinting at more downside ahead. A retest of support around $9.09 looks possible.
โฉ Trade Setup:
๐น Entry Zone: $9.30 โ $9.25 (once bearish momentum is confirmed)
๐น Stop Loss: Above $9.55
๐น Target 1: $9.09
๐น Final Target: $9.00
Risk Management:
Keep risk between 1โ2% of your trading capital per trade.
Consider taking partial profits at $9.09 and then shift your stop loss to breakeven.