Post
BlockchainBaller
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Bearish$TRUMP /USDT: Bearish Momentum Continues Amid Market Sell-off $TRUMP is currently trading at $33.49, down 28.87% in the last 24 hours. The price is testing critical support levels after hitting a daily low of $30.97, signaling sustained bearish momentum.
{spot}(TRUMPUSDT)
Key Levels to Watch:
Support:
$30.97 (Immediate support)
$28.50 (Critical zone)
Resistance:
$36.58 (Immediate resistance)
$43.85 (Key breakout level)
Trade Setup:
Short Entry: Below $30.97
Targets:
1. $28.50
2. $25.00
Stop Loss: Above $36.58
Long Entry: Above $36.58
Targets:
1. $43.85
2. $50.00
Stop Loss: Below $30.97
Market Insight:
RSI at 35.97 indicates oversold conditions, suggesting a possible short-term bounce.
MACD continues to show bearish divergence, with no signs of reversal yet.
Parabolic SAR confirms a downtrend as dots remain above the price.
Outlook:
A break below $30.97 could trigger further declines toward $28.50, while holding above $36.58 might provide a recovery opportunity. Tight risk management is essential in this volatile market.
#TrumpMarketWatch #TrumptMarketInsights
{spot}(TRUMPUSDT)
Key Levels to Watch:
Support:
$30.97 (Immediate support)
$28.50 (Critical zone)
Resistance:
$36.58 (Immediate resistance)
$43.85 (Key breakout level)
Trade Setup:
Short Entry: Below $30.97
Targets:
1. $28.50
2. $25.00
Stop Loss: Above $36.58
Long Entry: Above $36.58
Targets:
1. $43.85
2. $50.00
Stop Loss: Below $30.97
Market Insight:
RSI at 35.97 indicates oversold conditions, suggesting a possible short-term bounce.
MACD continues to show bearish divergence, with no signs of reversal yet.
Parabolic SAR confirms a downtrend as dots remain above the price.
Outlook:
A break below $30.97 could trigger further declines toward $28.50, while holding above $36.58 might provide a recovery opportunity. Tight risk management is essential in this volatile market.
#TrumpMarketWatch #TrumptMarketInsights
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