$TRUMP Pullback to Support - Rebound or Further Decline?
TRUMP is currently trading at $10.85, showing a slight pullback after a recent rally. The price is consolidating around a key support level, which was previously a resistance or consolidation point. Its immediate movement will determine if it can find a floor and attempt a rebound or if bearish momentum will push it lower.
Key Levels to Watch:
Resistance: $10.95 (immediate resistance), $11.05 (stronger resistance).
Support: $10.84 (immediate critical support), $10.80 (next support below).
Trade Setup - Anticipate a Directional Move!
Bullish Entry: A confirmed move above $10.95 could target:
Target 1: $11.00 (approx.)
Target 2: $11.05
Bearish Entry: A break below $10.84 could target:
Target 1: $10.80
Target 2: $10.75 (approx.)
TRUMP is consolidating at a key support after a pullback. A rebound is possible if support holds, but a breakdown below $10.84 could lead to further losses.