After a sharp sell-off, $TRUMP has bounced back impressively, currently trading near $10.20 with a +4.62% gain. The long wick on the latest candle highlights intense volatility, while bulls are pushing to regain control of the trend.
š Key Levels to Watch
Immediate Resistance: $10.50
Critical Support: $9.74
šÆ Trade Setup ā High Volatility Play
š Bullish Scenario
If price breaks and holds above $10.50, further upside momentum may follow:
Target 1: $10.80
Target 2: $11.10
š Bearish Scenario
A clean break below $9.74 could trigger another leg down:
Target 1: $9.40
Target 2: $9.00
š Risk Management
Long Positions SL: Below $9.70
Short Positions SL: Above $10.55
š Quick Take: $TRUMP is back in the spotlight after a volatile dip-and-rip. Traders should brace for sharp moves in either direction an
d monitor the $10.50 and $9.74 levels closely.
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