$TRUMP Slips Into Bearish Territory – Reversal Signs Below $9.30
After reaching a high of $9.55, $TRUMP is showing signs of weakness, currently retreating toward $9.23. The formation of lower highs points to a potential trend reversal, setting the stage for a short opportunity.
Short Trade Setup:
Entry Zone: Around $9.23
Target 1 (TP1): $8.70 – initial support
Target 2 (TP2): $8.30 – major support zone
Stop-Loss: Above $9.55 – recent swing high
As long as the price remains below $9.30, bears are in control. Momentum is fading, creating favorable conditions for a short trade.
Trade $TRUMP
here.