๐จ TRUMP/USDTโs Freefall: Is the Worst Yet to Come? ๐ฅ #TRUMP #TrumpCrypto
๐ง Introduction
$TRUMP /USDT is currently trading at $27.01 (-10.71%), with a 24-hour volume of 28.12M TRUMP. After hitting a high of $32.30 and a low of $26.03 in the last 24 hours, the token is showing signs of continued bearish momentum. Could this be the beginning of a deeper crash?
๐ Technical Analysis
๐น Bollinger Bands: Price is nearing the lower band, indicating increasing bearish pressure.
๐น Moving Averages: TRUMP/USDT is trading below both MA(5) and MA(10), signaling strong selling activity.
Support & Resistance:
๐ข Support: $25.71
๐ด Resistance: $32.30
๐ฏ Trading Strategy
โ Bullish Case: A rebound above $32.30 with strong volume could push the price back toward $35+.
โ Bearish Case: Breaking below $25.71 could lead to a sharp decline toward $20 or lower.
๐ฎ Future Outlook
TRUMP/USDTโs current downtrend is raising concerns among traders. A close below $25.71 could accelerate the decline, while a strong recovery above resistance is needed to restore confidence. Stay alert and monitor volume closely.
๐ Pro Tip
Watch for signs of trend reversal before entering the market. Patience is key during high volatility.
โ Disclaimer
This is not financial advice. Always conduct your own research before making any investment decisions.
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