$TRUMP: Prepares for Breakdown: Downside Risk Escalates
SHORT SETUP TRUMP
Entry: $1.8920 - $1.8960
Stop Loss: $1.9698
Take Profit: $1.7425 (2R)
Key Levels: Support $1.8000 | Resistance $2.0170
Technical Analysis for $TRUMP: Price sits below EMA9, EMA21, EMA50 and EMA200, confirming a bearish bias. MACD is negative and the histogram stays down, while ADX above 40 shows a strong trend. RSI at 20.9 hints at oversold conditions, a possible countersignal. A break above the 1.896 resistance would support a short entry; watch for a bounce above 1.90 as risk.
Market Context: BTC is down 1.2% on the 24h and the broader market is broadly negative, with 82.7% of assets in red.
SHORT $TRUMP
SHORT SETUP TRUMP
Entry: $1.8920 - $1.8960
Stop Loss: $1.9698
Take Profit: $1.7425 (2R)
Key Levels: Support $1.8000 | Resistance $2.0170
Technical Analysis for $TRUMP: Price sits below EMA9, EMA21, EMA50 and EMA200, confirming a bearish bias. MACD is negative and the histogram stays down, while ADX above 40 shows a strong trend. RSI at 20.9 hints at oversold conditions, a possible countersignal. A break above the 1.896 resistance would support a short entry; watch for a bounce above 1.90 as risk.
Market Context: BTC is down 1.2% on the 24h and the broader market is broadly negative, with 82.7% of assets in red.
SHORT $TRUMP
