$TRUMP has rallied back into a major supply zone where selling pressure could quickly take over.
Trading Plan — Short $TRUMP
Entry: 1.65 – 1.75
SL: 1.80
TP1: 1.60
TP2: 1.53
TP3: 1.45
This recovery appears to be a corrective bounce rather than the start of a new uptrend. Price is now testing a key resistance area that previously rejected buyers. If bulls fail to secure a breakout and hold above this supply zone, a sharp rejection could send price back toward the liquidity below the recent swing lows.
Stay patient, wait for confirmation, manage your risk, and lock in profits at each target. Always DYOR (Do Your Own Research).
Trading Plan — Short $TRUMP
Entry: 1.65 – 1.75
SL: 1.80
TP1: 1.60
TP2: 1.53
TP3: 1.45
This recovery appears to be a corrective bounce rather than the start of a new uptrend. Price is now testing a key resistance area that previously rejected buyers. If bulls fail to secure a breakout and hold above this supply zone, a sharp rejection could send price back toward the liquidity below the recent swing lows.
Stay patient, wait for confirmation, manage your risk, and lock in profits at each target. Always DYOR (Do Your Own Research).