BlockchainBaller
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Bearish
Dear followers, many people are still holding #TRUMP anticipating a potential comeback to its launch day highs... it's possible ❓ $TRUMP /USDT Faces Heavy Pressure, Drops to $26.73..... $TRUMP /USDT is in a sharp decline, currently trading at $26.73, down by 12.62% in the last 24 hours. The price tested a low of $26.03 amid intense selling momentum.
Key Levels to Watch:
Resistance: $28.40 – Recovery above this level is crucial for a bullish reversal.
Support: $26.00 – Breaking below this may trigger further downside toward $24.50.
Indicators:
RSI at 20.02: Indicates extreme oversold conditions, a possible short-term bounce may occur.
MACD: Bearish momentum is strong, suggesting the downtrend may persist.
Scenarios:
1. Rebound Opportunity: A bounce from $26.00 could target $28.40 and higher if buyers step in.
2. Deeper Correction: Failure to hold $26.00 might lead to extended losses towards $24.50 or lower.
Traders should exercise caution and closely monitor these levels. Utilize tight stop-losses to minimize risks during this volatile period.
#AnimecoinOnBinance #USConsumerConfidence
Key Levels to Watch:
Resistance: $28.40 – Recovery above this level is crucial for a bullish reversal.
Support: $26.00 – Breaking below this may trigger further downside toward $24.50.
Indicators:
RSI at 20.02: Indicates extreme oversold conditions, a possible short-term bounce may occur.
MACD: Bearish momentum is strong, suggesting the downtrend may persist.
Scenarios:
1. Rebound Opportunity: A bounce from $26.00 could target $28.40 and higher if buyers step in.
2. Deeper Correction: Failure to hold $26.00 might lead to extended losses towards $24.50 or lower.
Traders should exercise caution and closely monitor these levels. Utilize tight stop-losses to minimize risks during this volatile period.
#AnimecoinOnBinance #USConsumerConfidence
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