📈 $TRUMP /USDT – Parabolic Spike to $16.17, Then Sharp Rejection! 📉
Price soared over +45% to hit $16.17 before retracing to $13.02. Volatility exploded with 24H volumes crossing $63M TRUMP and $764M USDT. Current structure shows a pullback after overheated rally.
Key Stats:
24H High: $16.17
24H Low: $8.81
Current Price: $13.02
Volume: 63.09M TRUMP
1H Analysis:
Heavy rejection from $16 zone
Lower highs forming post-spike
SAR flips near $12.52 – short-term momentum fading
Short Trade Setup:
Entry Zone: $13.20 – $13.00
Final Target: $11.40
Stop Loss: $14.25
Why This Setup Makes Sense:
Massive spike left inefficient zones; current lower high + declining momentum signal likely cooldown.
Risk Strategy:
Use tight stop-loss & consider partial take-profit at $12.
Take short trade here on $TRUMP
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