$TRUMP Longs Liquidated—$2.34K Wiped Out at $19.789!
A major long liquidation just slammed TRUMP, erasing $2,347.8K in positions at $19.789. This signals heavy sell pressure, with bulls struggling to hold key support.
If momentum doesn’t shift soon, more downside could be on the way.
What This Means:
$TRUMP Weak hands are getting flushed, opening the door for a possible bounce or deeper drop.
If support fails, more liquidations could trigger a cascading sell-off.
A reversal is possible, but bulls need to reclaim lost levels quickly.
Key Levels to Watch:
Support: Holding $19.50 is crucial—if lost, expect a drop to $18.80–$18.00.
Resistance: Bulls must reclaim $20.50+ to shift momentum.
Next Move:
Bullish case: A bounce above $20.00 could push TRUMP toward $21.50–$22.00.
Bearish case: Losing $19.50 could send prices tumbling toward $18.50 or lower.
Stop Loss:
For longs: Below $19.30 to avoid deeper losses.
For shorts: Above $20.50 if momentum shifts bullish.
$TRUMP is at a breaking point—will bulls fight back, or is another crash incoming? Stay sharp!
#trum
#PolkadotETF
#BitcoinReserveWave
#BitcoinVsTariffs
#XRPETFIncoming?