$TRUMP Possible Dead Cat Bounce
$TRUMP is trading at $8.831 down -3.71% in the past 24h. Price just hit the day’s low at $8.730 after a sharp sell-off from $9.53 and RSI 6 at 19.5 shows extreme oversold conditions — a short-term bounce is possible but trend remains bearish overall
Market Pulse
24h volume 36.62M TRUMP — healthy activity during the sell-off
MACD still in negative territory showing momentum pressure remains downward
Possible Trade Plan (Scalp Long Idea)
Entry $8.78 – $8.83 if price holds above $8.78 support
Stop Loss below $8.72
First Target $8.90
Main Target $9.02
Risk Tip
High risk due to downtrend — keep position size small max 1–2% risk. Consider taking partial profits at $8.90 and move stop to breakeven if momentum confirms
Not financial advice — just my chart view