🚀 $TRUMP /USDT Price Action & Trade Setup 🚀
🔍 Current Price: $10.70 (+2.10%)
📊 24H Range: $10.04 - $12.47
📈 Market Sentiment: Mixed, but short-term bullish ✅
Market Overview:
The $TRUMP /USDT pair has been showing volatile price action, with a recent strong wick to $12.47, indicating heavy buying pressure before a pullback. The overall trend in the past 30 days (-33.95%) and 7 days (-18.45%) suggests that we are in a larger downtrend. However, today's price movement (+2.98%) is giving signs of a potential short-term bullish reversal.
Bullish or Bearish?
Short-term: Bullish ✅
Mid-term: Neutral to Bearish ⚠️
Long-term: Still Bearish unless key resistances break ❌
Trade Ideas:
🔹 Long Trade Setup: (For Bullish Traders)
📍 Entry: $10.50 - $10.70
🎯 Target 1: $11.20
🎯 Target 2: $12.00
🛑 Stop Loss: $10.20
🔎 Reason: Recent bounce from support & increasing momentum
🔹 Short Trade Setup: (For Bearish Traders)
📍 Entry: $11.50 - $12.00
🎯 Target 1: $10.80
🎯 Target 2: $10.20
🛑 Stop Loss: $12.60
🔎 Reason: Strong resistance at $12.00, previous rejection at that level
Predictions & Key Levels:
✅ Bullish Breakout Above: $12.50 → Potential rally to $14+
❌ Bearish Breakdown Below: $10.00 → Next support at $9.50 - $9.00
🔥 Conclusion: While TRUMP/USDT has shown short-term bullish momentum, a strong breakout above $12.50 is needed to confirm a trend reversal. Otherwise, the larger trend remains bearish with potential dips ahead. Trade with caution and manage risk wisely!
📊 What’s your trade? Long or Short? Comment below! ⬇️