$TRUMP loses momentum as sellers defend the mid-range 🔻
The token is under clear bearish pressure after an abrupt 8% drawdown, with price rejecting the mid-range and printing a sequence of lower highs. Sellers continue to lean into the 2.70 to 2.80 area, and the tape still favors range continuation rather than immediate reversal. Until price can reclaim 2.85 to 2.90 on sustained volume, the market is signaling a downside retest of the lower boundary.
The setup is less about panic selling and more about a failed auction. Retail often reads these moves as oversold mean reversion, but the order flow suggests otherwise: supply remains in control, and liquidity is likely rotating toward the lower range as late longs are forced to de-risk. If 2.70 cannot attract meaningful bid absorption, the path of least resistance remains a controlled grind lower rather than an impulsive breakdown.
Entry: 2.70 – 2.78 🔻
Target: 2.60 📉
Target: 2.52 📉
Target: 2.46 📉
Stop Loss: 2.86 ⚠️
Risk disclosure: Market commentary only. Not financial advice.
#TrumpNFT #CryptoTrading #Altcoins #MarketUpdat
