๐จ TRUMP/USDT SHORT POSITION ALERT! ๐จ
#TRUMP #trumpusdt #Trump2024 #BinanceSquareFamily
๐ Current Price : $17.04 (-1.56%)
๐ Short Entry Zone : $17.89 - $17.43
๐ป Stop Loss : $18.58
๐ฏ Target Levels :
๐น $17.28 โ $16.93 โ $16.58 โ $16.23
๐น $15.88 โ $15.53 โ $15.18 โ $14.83
๐ Technical Breakdown :
โ
Bearish Momentum โ Price rejected near $18 zone with a sharp drop.
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Strong Selling Pressure โ Large red candle after a parabolic rise.
โ
Risk/Reward Ratio: 2.37 โ High potential for a profitable short setup.
โ
Volume Surge โ Indicates a potential trend reversal downward.
๐ Resistance & Support Levels :
Major Resistance : $18.53 | $17.89 | $17.43
Key Support : $16.93 | $16.23 | $15.88 | $14.83
โ ๏ธ Why Short? Market Insight !
๐ Weak Retest at $17.89 โ Failed to break above resistance.
๐ Bearish Confirmation โ Momentum indicators align with the short setup.
๐ Price Overextension โ Signs of a cooldown after a sharp rally.
๐ฐ Pro-Tip for Traders :
๐ Set tight stop-loss at $18.58 to manage risk.
๐ Keep an eye on $16.93 supportโif broken, expect deeper declines.
๐ Trailing stop strategy can lock profits as price moves down.
๐ฎ Conclusion & Advice :
This is a high-probability short setup with well-defined targets. However, monitor BTCโs movement, as broader market sentiment can impact TRUMP/USDTโs next move. Trade smart, risk wisely! ๐