Is the current drop in $TRUMP a strategic buying opportunity or a warning sign to hold back?
Share your thoughts guys 👇🏻👇🏻
$TRUMP – The downtrend continues
TRUMP is showing a downward trend, currently trading at $9.35, down 0.85% in the last 24 hours. The price recently reached a high of $9.54, but has since decreased, indicating selling pressure. This weakness suggests a possible further decline with a potential test of the support level at $9.09.
⏩ Trading Setup:
🔹 Entry Zone:* $9.30 – $9.25 (upon confirmation of bearish maintenance)
🔹 Stop Loss:* Above $9.55
🔹 Target 1:* $9.09
🔹 Final Target:* $9.00
Risk Management:
- Limit risk to 1–2% of capital per trade.
- Consider taking partial profits at $9.09 and moving the stop loss to break-even.
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