$TRUMP / USDT Bearish Consolidation โ More Downside Ahead? ๐ป
๐ฐ Current Price: $12.01 (-1.96%)
๐ 24h High: $12.43 | ๐ 24h Low: $11.71
Market Analysis:
$TRUMP/USDT is under selling pressure, hovering near the crucial $11.71 support level. A breakdown below this could accelerate losses, with the next key support at $11.36. On the upside, resistance sits at $12.70, and a breakout above this could shift momentum toward $14.04. However, the overall trend remains bearish.
Trade Setup:
๐ด Short Entry: $12.00
๐ฏ Take Profit Targets:
TP1: $11.70
TP2: $11.40
๐ก๏ธ Stop Loss: $12.70
โ ๏ธ Insight: Bearish sentiment persists unless $TRUMP reclaims $12.70. Manage risk wisely by adjusting position sizes and adhering to stop-loss levels!