BullishBanter
--
Bearish
Really A Big Disappointment faced by traders and buyers on $TRUMP .. Are you Face loss or get profit on TRUMP after launching .. Must share your experience ..
$TRUMP /USDT: Under Pressure – Critical Levels to Watch
The market sentiment around $TRUMP is turning increasingly negative. Currently trading at $20.75, the price has dropped sharply over the last 24 hours, reflecting an 18.5% decline. From its all-time high of $78, TRUMP has faced relentless selling pressure, and further downside seems likely. Traders are now watching key levels closely as the token approaches critical support.
Important Price Levels to Monitor
Resistance Zone: $22.80 – If TRUMP regains strength and breaks this level, we might see it climb toward $24.50 or even $26.20.
Support Zone: $20.20 – If this support fails to hold, the next targets could be $19.00 and $17.80.
Trading Opportunities
Long Position (Buy): Consider buying above $22.80 with targets at $24.50 and $26.20. A stop-loss around $21.80 can help manage risk.
Short Position (Sell): For a bearish scenario, sell below $20.20, aiming for $19.00 and $17.80 as potential targets. Place a stop-loss near $21.00 to minimize losses.
Market Analysis
The RSI (Relative Strength Index) has dropped to 10.2, signaling extreme overselling, which could lead to a temporary bounce. However, the MACD indicator still shows strong bearish momentum, meaning sellers remain in control. Until we see a significant increase in buying volume, further declines remain a strong possibility.
Traders should stay alert for sudden shifts in momentum. A spike in trading activity might indicate either a reversal or an acceleration in the downtrend.
Do you think TRUMP will recover soon, or is the decline just getting started? Share your opinion in the comments..
#Write2Earn! #TRUMP #TrumpCrypto
$TRUMP /USDT: Under Pressure – Critical Levels to Watch
The market sentiment around $TRUMP is turning increasingly negative. Currently trading at $20.75, the price has dropped sharply over the last 24 hours, reflecting an 18.5% decline. From its all-time high of $78, TRUMP has faced relentless selling pressure, and further downside seems likely. Traders are now watching key levels closely as the token approaches critical support.
Important Price Levels to Monitor
Resistance Zone: $22.80 – If TRUMP regains strength and breaks this level, we might see it climb toward $24.50 or even $26.20.
Support Zone: $20.20 – If this support fails to hold, the next targets could be $19.00 and $17.80.
Trading Opportunities
Long Position (Buy): Consider buying above $22.80 with targets at $24.50 and $26.20. A stop-loss around $21.80 can help manage risk.
Short Position (Sell): For a bearish scenario, sell below $20.20, aiming for $19.00 and $17.80 as potential targets. Place a stop-loss near $21.00 to minimize losses.
Market Analysis
The RSI (Relative Strength Index) has dropped to 10.2, signaling extreme overselling, which could lead to a temporary bounce. However, the MACD indicator still shows strong bearish momentum, meaning sellers remain in control. Until we see a significant increase in buying volume, further declines remain a strong possibility.
Traders should stay alert for sudden shifts in momentum. A spike in trading activity might indicate either a reversal or an acceleration in the downtrend.
Do you think TRUMP will recover soon, or is the decline just getting started? Share your opinion in the comments..
#Write2Earn! #TRUMP #TrumpCrypto
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.