🚨 $TRUMP /USDT Hits Support: Will It Rebound or Crash? 🚨

Trump

24.02

-9.05%

$$TRUMP /USDT is currently trading at $24.77, down 5.64%, testing critical support levels near the 24-hour low of $24.39. With selling pressure building, the pair is facing a critical decision point.

Key Levels to Watch:

Resistance: $26.00 – A rebound above this level could signal a bullish rally towards $28.00.

Support: $24.30 – If this level is broken, the price could test $23.00 and possibly $22.00.

Trade Setup:

Bullish Scenario:

Entry: Above $26.00.

Targets: $28.00, $30.00.

Stop Loss: $24.30.

Bearish Scenario:

Entry: Below $24.30.

Targets: $23.00, $22.00.

Stop Loss: $26.00.

Technical Indicators:

RSI: 25.08 - Oversold, indicating a potential short-term bounce.

MACD: Bearish, indicating bearish momentum.

Market Outlook:

TRUMP/USD has seen a significant decline of 25.76% in the past 7 days, reflecting strong bearish sentiment. However, the oversold RSI hints at a potential short-term reversal if buying volume picks up.

Traders should be cautious as the market awaits a decisive move.

#DeepImpact