🔴 $TRUMP TRUMP Coin — Short-Term Analysis
Current price: around $1.97–$2.00. TRUMP has been under pressure, with 24h data showing roughly a 6–7% decline. �
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📉 Short-term setup
Bias: 🔴 Bearish / Sell-the-rally
Support: $1.95, then $1.85–$1.90
Major support: $1.50
Resistance: $2.14–$2.25
Higher resistance: $2.36
Daily RSI is around 52 (neutral), while hourly RSI is around 41, indicating weak short-term momentum. �
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TRUMP remains highly volatile, with daily ATR around 7.6%, so sudden pumps and dumps are possible. �
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🎯 Short trade idea
Entry zone: $2.05–$2.20 if price rejects resistance
Stop-loss: above $2.36
Targets: $1.95 → $1.85 → $1.50
⚠️ Bearish invalidation: A strong hourly/daily close above $2.36 would weaken the short setup and could open the way toward $3.11. �
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Bottom line: TRUMP currently looks better suited to a short on a confirmed rejection than chasing a short at support. This is a high-risk meme coin, so use small position sizing and a defined stop.#BitMineETHHoldingsTop6Million #StrategyAdds1666BTCHoldingsReach847666