$TRUMP plunges 13% in 24 hours... but volume reveals a serious surprise ๐
$TRUMP /USDT is trading at $2.33 with a sharp drop of 12.99%, while trading volume jumps 2.96x versus the average. This mismatch between the falling price and the incoming liquidity suggests broad forced liquidations (Long Liquidations) rather than genuine selling, as the market efficiently absorbs stop orders on the 15-minute timeframe.
Positive scenario: If the price holds above $2.30 while volume remains elevated, this would confirm the liquidation wave is over and set up a strong technical rebound toward $2.50โ$2.60.
Negative scenario: A break of $2.30 on high volume would turn liquidations into a truly bearish trend, targeting $2.15 as the next support.
The key factor now: Will the next candle close above $2.35 to regain momentum?
Whatโs your target entry level if the rebound happens? ๐
$TRUMP
This content is not investment adviceโdo your own research (DYOR)
$TRUMP /USDT is trading at $2.33 with a sharp drop of 12.99%, while trading volume jumps 2.96x versus the average. This mismatch between the falling price and the incoming liquidity suggests broad forced liquidations (Long Liquidations) rather than genuine selling, as the market efficiently absorbs stop orders on the 15-minute timeframe.
Positive scenario: If the price holds above $2.30 while volume remains elevated, this would confirm the liquidation wave is over and set up a strong technical rebound toward $2.50โ$2.60.
Negative scenario: A break of $2.30 on high volume would turn liquidations into a truly bearish trend, targeting $2.15 as the next support.
The key factor now: Will the next candle close above $2.35 to regain momentum?
Whatโs your target entry level if the rebound happens? ๐
$TRUMP
This content is not investment adviceโdo your own research (DYOR)
