$TRUMP It Time to Buy or Sell?
๐ Current Price: $24.87 (-5.80%)
๐ 24h Range: High $26.63 | Low $24.38
๐ฅ Market Trend: Bearish
๐ Technical Analysis:
Parabolic SAR (yellow dots) is above the price, signaling a downtrend.
MACD Indicator: Negative momentum, with the MACD line below the signal line, confirming bearish pressure.
Moving Averages (MA5 & MA10): Both indicate a short-term decline.
Support Level: $24.38 (recent low). If broken, expect further downside.
Resistance Level: $26.63 (recent high).
๐ Buying Signal?
โ ๏ธ Not yet! The trend is still bearish, and buying now carries risk. Wait for confirmation like:
โ Price breaking above resistance ($26.63).
โ MACD crossover bullish.
โ SAR flipping below the price.
๐ Selling Signal?
โ If holding, this could be a good exit to secure profits before further drops.
โ Breakdown below $24.38 = potential deeper fall.
๐ก Final Thought: Stay cautious! If the price stabilizes and indicators turn bullish, a strong recovery might come. But for now, the market favors sellers. ๐
