$TRUMP DROPPING INTO SUPPORT – POTENTIAL DEAD CAT OR REAL REVERSAL?
$TRUMP trading at $9.83 (-10.15%), sharply down but testing key support at $9.32 with heavy 24h volume of $132.27M. Currently oversold, but price action still weak — needs confirmation before bounce.
TRADE SETUP
Direction: Cautious Buy (only if support holds)
Entry Zone: $9.35 – $9.80
Target 1: $10.15
Target 2: $10.60
Stop-loss: $9.18
PRO TIP
Break and hold above $10.00 with volume could indicate trend reversal. Until then, treat bounces as short-term scalp opportunities only.