TRUMP/USDT breakdown:
TRUMP/USDT: Bears Seize Control – Breakdown Confirmed!
Alright folks, let's talk about TRUMP/USDT. We're seeing some serious bearish action here, and it's looking like the bears have officially taken the reins. Currently, TRUMP is sitting at $12.79, and honestly, the charts are screaming "downward pressure."
We saw a pretty sharp rejection from the $14.50 zone, which was a clear warning sign. But what really sealed the deal was the break below that critical support level at $12.69. This isn't just a minor dip; this is a breakdown. The buyers simply couldn't hold that demand level, and now, we're looking at a potential freefall towards the next major support.
Here's how I'm playing this:
* Entry: I'm looking at short entries between $12.70 and $12.85. This range gives us a bit of wiggle room, but we need to act fast.
* Take Profit: My first target is $12.30, but I'm also eyeing $10.50 as a longer-term goal. The momentum is strong, and I think we could see a significant drop.
* Stop Loss: I'm setting my stop loss at $13.15. This is crucial. We need to protect ourselves in case of a sudden reversal or a fakeout.