Trading Plan Short $TRUMP
$TRUMP failed to hold the 2.624 resistance, rejecting after a liquidity sweep above.
Entry: $2.35-$2.45
Stoploss: $2.75
Targets: $2.25 / $1.95 / $1.65
TRUMP swept the swing high at 2.624 yesterday and immediately got stuffed, a clear upthrust. Price is now below the 1H EMA21, and the MACD is turning bearish. OI is up 4% with retail crowded long, but funding is negative, indicating smart money is shorting into strength. This looks like distribution forming. Reclaim $2.776, short voided.
Trade $TRUMP here 👇
$TRUMP failed to hold the 2.624 resistance, rejecting after a liquidity sweep above.
Entry: $2.35-$2.45
Stoploss: $2.75
Targets: $2.25 / $1.95 / $1.65
TRUMP swept the swing high at 2.624 yesterday and immediately got stuffed, a clear upthrust. Price is now below the 1H EMA21, and the MACD is turning bearish. OI is up 4% with retail crowded long, but funding is negative, indicating smart money is shorting into strength. This looks like distribution forming. Reclaim $2.776, short voided.
Trade $TRUMP here 👇
