#TRUMP: Bull Run or Fake Out?
Is $TRUMP gearing up for a rally, or is another dip coming? With the price hovering at $12.25 (-2.7%), traders are debating whether it will revisit $11 or surge toward $70+.
Key Levels to Watch:
๐น Resistance: $12.63 โ Breakout could push to $12.88.
๐น Support: $12.18 โ Losing this level may trigger a drop to $12.00.
Market Outlook:
โ Parabolic SAR remains bearish, signaling possible further downside.
โ MACD is weak, showing a lack of strong buying momentum.
โ Order Book: 50.9% buyers vs. 49.1% sellersโmarket sentiment is split.
Whatโs Next?
$TRUMP must break above $12.63 to confirm a reversal.
Failure to do so could lead to another leg down.
Is this a dead cat bounce, or will bulls regain control? Stay alert!
