🔻 Brutal Crash for $TRUMP Holders – What's Next? 🔻
It’s a tough day for those who entered $TRUMP/USDT at $70 or $65, as the token has plunged dramatically, wiping out a significant portion of investments. Just as anticipated, $TRUMP has now touched $15, leaving traders wondering whether the decline will continue or if the price will find stability at these levels.
📊 Market Overview:
Current Price: $17.53
24H High/Low: $22.65 / $16.12
Performance: Down -15.18% in the last 24 hours
🔍 Technical Indicators:
RSI: Deep in the oversold zone (23.93), suggesting a potential short-term rebound.
MACD: Still reflecting strong bearish momentum, with no clear signs of reversal.
📌 Key Levels to Watch: ✅ Resistance:
$19.50: First level bulls need to break for recovery.
$22.65: A major hurdle if momentum shifts bullish.
✅ Support:
$16.12: Immediate support – a break below could accelerate losses to $15 or lower.
$13.00: A crucial zone that must hold to prevent an extended sell-off.
⚠️ Market Insight: $TRUMP is currently consolidating near its lower support, showing signs of pressure. The descending channel suggests a continuation of the downtrend unless the price successfully breaks above $19.50. Will buyers step in, or is more downside ahead?
Would you like a detailed trade setup with potential entry points, targets, and stop-loss levels? Let me know! 📉 #CryptoAnalysis #TRUMP #MarketUpdate #TRUMP #Write2Earn #PCEInflationWatch
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