$TRUMP /USDT SHORT TRADE SIGNAL
Technical Analysis:
The chart for $TRUMP/USDT shows that the price has been in a consolidation phase, unable to sustain a move above 8.61. The current price is 8.46, representing a -4.19% decrease. The price has recently failed to break above resistance and is now heading lower, suggesting a bearish continuation. The 24h high is 8.87 and the 24h low is 8.31.
Trade Setup:
Entry: Short entry at the current market price of 8.46.
TP1: 8.43
TP2: 8.36
SL: 8.49
Short Outlook of Market:
The short-term outlook for $TRUMP/USDT is bearish. The price is showing weakness and is currently trading in a range with a bearish bias. The recent failure to break higher resistance and the subsequent drop indicate that sellers are gaining control. A continued move towards the lower end of the range is expected.
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