#TRUMP from $77 to $7❓ #TRUMP Coin Holders today Early morning WE'RE GOING TO THE MOON❗#TRUMP Coin Holders at Night: Wait... why am I staring at a -30% drop❓#TRUMP Faces Sharp Decline – Is $10 or Even $5 Next❓After showing bullish momentum $TRUMP has reversed, dipping dangerously close to $12.63 with signs of further weakness. Market uncertainty is rising will it hold this level or continue its slide toward $10 and $5❓ The question remains: temporary retrace or deeper correction❓Buyers need to step in fast, or we might witness another brutal sell-off❗$TRUMP /USDT: Is the Rally Over or Just a Dip❓$TRUMP is currently trading at $12.91, with a 24-hour high of $14.52 and a low of $12.63. The price is retracing after a strong upward movement but remains above key support levels.
Key Levels to Watch
Resistance: $13.50 – A breakout could lead to $14.00 and $14.50.
Support: $12.60 – If broken, the next downside targets are $12.00 and $11.50.
Trade Setup
Long Entry: Above $13.10, targeting $13.50 and $14.00.
Short Entry: Below $12.60, with downside targets at $12.00 and $11.50.
Stop Loss: $12.80 for long trades, $13.20 for short trades.
Bitcoin is on track for its biggest weekly fall since the FTX collapse in 2022, with a 16% drop in the past week alone. On Friday, it hit its lowest since November at $78,273, a 7% decline ¹ ². This downturn is part of a broader sell-off in tech stocks, exacerbated by a $1.5 billion hack and uncertainty surrounding US crypto policy.
The crypto market has lost nearly half a trillion dollars in just one week, according to Coingecko ¹. Matt Simpson, senior market analyst at City Index, attributes this decline to inflationary pressures, crumbling growth prospects, and Trump's tariffs. With Trump's attention focused elsewhere, bitcoin traders are growing increasingly dissatisfied ¹.
This bearish trend may continue, with some analysts predicting a potential drop to $70,000 ³. Bitcoin's price has been highly volatile, and investors are withdrawing their holdings from crypto exchanges at an unprecedented rate, reaching levels not seen since the FTX collapse ⁴. #BTC $BTC
*Don't Follow the Herd: Smart Investors Buy Low and Hold On!* While many investors jump into the market when prices are skyrocketing, savvy investors take a contrarian approach. They buy low, hold tight, and reap the rewards of long-term growth.
*Which Investing Philosophy Do You Follow?* Are you a wise and patient investor who seizes opportunities when prices dip? Or do you follow the crowd and invest only when the market is hot? #InvestWisely #BuyLow #Crypto #Finance #LongTermInvesting
*Don't Follow the Herd: Smart Investors Buy Low and Hold On!* While many investors jump into the market when prices are skyrocketing, savvy investors take a contrarian approach. They buy low, hold tight, and reap the rewards of long-term growth.
*Which Investing Philosophy Do You Follow?* Are you a wise and patient investor who seizes opportunities when prices dip? Or do you follow the crowd and invest only when the market is hot? #InvestWisely #BuyLow #Crypto #Finance #LongTermInvesting