#Backtesting #series🚀📊
**Why Did $TRUMP Coin Fall?** 😱💸
Trump Coin’s decline can be traced through a technical analysis of its price action. 📈🔍 As the coin entered its liquidity zone, it faced significant resistance, failing to break its higher high. 🚫📉 This rejection triggered a momentum shift, leading to a change in market character. 🔄⚡ The market then formed a highly valid order block and a fair value gap (FVG) at the top. 🛑📏 The previous support level was retested as resistance, confirming the shift in structure. 🔒✅
From the point of the momentum shift, a cross-body level was identified, acting as a key reference. 🎯✨ As the market progressed, it utilized the former support as resistance, initiating a downside move. 📉😈 This move created an imbalance and formed another order block. ⚖️🛠️ Traders familiar with smart money concepts capitalized on this imbalance, while those trading the support-turned-resistance level saw their stop losses hunted. 💰🦁 The market then dropped further, leaving the order block as the next target for future price action. 📅🔽
Post-imbalance, the market once again used the old support as resistance, reinforcing the downtrend. 🔁🔥 Notably, the cross-body level was respected throughout, serving as a critical marker in the price action. 🏷️🙌 This sequence of events highlights how the market’s structure and key levels drove Trump Coin’s sustained decline. 😢📉