🚨 What to Do with $TRUMP After the Rally & Correction? 🚨
If you're holding or eyeing #TRUM after the recent surge and sharp correction, here's a clear breakdown to help you make informed decisions! 👇
📉 The Current Scenario: Overhyped Rally
#TRUMP experienced a massive pump 📈, attracting buyers at high levels. However, the sharp correction has caused losses of -50% to -60% for many holders.
📊 Technical Analysis Highlights
🔹 Bearish Trend: Downtrend is dominating the market, applying pressure on prices.
🔹 Key Support: The trendline from the recent bottom is a critical support zone. Historically, TRUM has respected Fibonacci retracement levels (0.5 & 0.61).
💡 Critical Levels to Watch
➡️ If Support Breaks: The price could drop further toward $20, creating a selling opportunity.
➡️ If Support Holds: A bullish pattern could form, potentially pushing the price toward $60+ 🚀.
❓ What Should You Do?
👨💼 For Current Holders (Bought at High Levels):
Monitor the trendline support closely.
If it breaks, manage risk—consider reducing your position.
If it holds, you might consider averaging down or holding for a potential bounce.
🆕 For New Buyers:
Wait for confirmation.
Look for either a bullish reversal near support or a breakdown to capitalize on selling momentum.
⚠️ Don’t chase the hype blindly—always follow the technicals!
⚠️ Final Thoughts
The market is unpredictable. 📈📉 Patience, vigilance, and proper risk management are essential when trading assets like $TRUMP.
💡 Found this helpful? Hit the Follow button for more in-depth insights and updates! 🛎️
👉 Stay ahead, stay informed!
