TRUMP is ripe for a downturn after its recent surge, and the charts are screaming short. With a confidence level of 87%, this trade is looking more promising by the minute.
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🔴 TRUMP SHORT 📉
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📍 Entry Range: $1.8891 – $1.8929
🛑 Stop Loss: $1.9477 (-3.0%)
🎯 TP1: $1.8626 (+1.5%)
🏆 TP2: $1.7964 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 87%
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The market structure break, coupled with a fair value gap and a point of interest confluence, makes for a compelling short setup on TRUMP. These signals are painting a picture of a potential reversal, and the overlap of order blocks and fair value gaps is particularly notable. The structure is starting to look like a textbook example of a breakdown waiting to happen.
A 3.0% stop loss is relatively tight but doable with 2x leverage, which should help maximize returns while keeping risk in check.
Taking partial profits at the first target point will help lock in some gains and reduce exposure, allowing for a more relaxed ride to the final target.
Not financial advice — always manage your own risk 🙏
#TRUMPUSDT $TRUMP #SMC #Write2Earn #Binance