Trading Plan Short $TRUMP
$TRUMP failed to hold its recent pump, now trading below the 1H EMA21.
Entry: $2.52-$2.62
Stoploss: $2.8
Targets: $2.42 / $2.28 / $2.11
TRUMP got rejected from 2.569 resistance after the last leg up. Price is now below 1H EMA21, looking heavy. Top traders are still super long, 2.11 ratio, meaning they're trapped from the earlier pump. Taker sell volume dominates, pushing price down. This looks like a clean retest failure. Reclaim $2.65, short voided.
Trade $TRUMP here👇
$TRUMP failed to hold its recent pump, now trading below the 1H EMA21.
Entry: $2.52-$2.62
Stoploss: $2.8
Targets: $2.42 / $2.28 / $2.11
TRUMP got rejected from 2.569 resistance after the last leg up. Price is now below 1H EMA21, looking heavy. Top traders are still super long, 2.11 ratio, meaning they're trapped from the earlier pump. Taker sell volume dominates, pushing price down. This looks like a clean retest failure. Reclaim $2.65, short voided.
Trade $TRUMP here👇
