$TRUMP /USDT BEARISH CONSOLIDATION – PRESSURE BUILDS NEAR CRITICAL SUPPORT!
$TRUMP is currently trading at $10.86, down -2.86%, as price coils below the $11.20 intraday resistance. With volume tapering off and repeated rejections near $11.00–$11.10, the pair is struggling to maintain bullish structure. Price recently tagged a low of $10.72, and failure to hold this level could lead to another leg down.
Trade Setup (SHORT):
Entry Price: $10.90 – $11.10
Target 1: $10.50
Target 2: $9.90
Stop Loss: $11.40
Why Short?
TRUMP has posted a steady series of lower highs, showing fading bullish interest. Despite being a meme token, its sharp decline from recent highs, combined with a -11% weekly drop, suggests profit-taking is outweighing buyer strength. Breakdown below $10.70 could trigger a fast move toward deeper supports.
Risk Management Tip:
Use smaller sizing for volatile meme tokens and place SLs strictly — volatility can wick out weak hands quickly.
Sell smart — don’t chase green candles when the trend is turning red!