$TRUMP / USDT Technical Overview – Short Trade Setup
The TRUMP/USDT pair is currently trading around $10.78–$10.96
showing a modest 0.2–1.8% gain over the past 24 hours. However, broader price action remains under pressure:
24h range: roughly ~$10.59 to ~$11.03
7‑day change: –4.4% to –5.4%
30‑day change: –21% to –27%
Today’s change: slight negative to flat
Trading volume remains significant: around 5–9 million TRUMP, corresponding to over $57M–$95M USDT
suggesting substantial sell-side activity.
Trend & Momentum Analysis
Overall trend: Bearish across multiple timeframes — weekly and monthly declines confirm this outlook.
Current bounce: Appears corrective, lacking signs of a bullish reversal given still-weak momentum.
However, shows a short-lived “Strong Buy”—likely due to a recent bounce from support —but that alone isn’t strong enough to shift the bearish bias .
Short Trade Setup
Given the prevailing downtrend and lukewarm momentum, this is a Short Trade opportunity. Consider the following:
Entry point: Just below $10.80, aiming to ride a breakdown.
First target: Around $10.60, aligned with recent intraday lows.
Stop-loss: Above $11.10, to protect against a reversal breakout.