Open Short Position On $TRUMP Coin
Signal:
TP: 24.64
SL: 26.50 (use Lo leverage)
📉 TRUMP coin has exhibited a fake breakout, signaling a potential reversal in the market trend.
⚠️ The price attempted to break above a key resistance level but failed to hold, indicating that sellers are regaining control. This fake breakout is a strong bearish signal, suggesting that the market is likely to move downward in the short term.
📊 The technical structure confirms a short setup, with the target price (TP) set at 24.64, where the next significant support lies. The stop-loss (SL) is placed at 26.50, ensuring controlled risk in case of any unexpected price movement.
🔥 With the fake breakout and bearish sentiment, this setup presents an opportunity to capitalize on the downward momentum of TRUMP coin. The current price action aligns well with a short trade strategy, supported by clear technical signals.