$TRUMP just printed a -14.5% day — politics did it, not the market.
Down to ~$1.26 after the Democratic sweep. Finnhub: $1.219 low, $1.492 high — a new all-time low, barely bounced. Perp volume jumped 10x, funding flipped to -107% — shorts getting paid to stay short, and $MELANIA fell 11% with it.
I'm leaning bearish but not chasing — a short this crowded snaps back violently. $1.22 breaks, no floor left. $1.49 reclaims, squeeze opens.
Short $TRUMP under $1.22, or wait for $1.49?
Not financial advice. DYOR.
#TRUMP #MemeCoins #Midterms
Down to ~$1.26 after the Democratic sweep. Finnhub: $1.219 low, $1.492 high — a new all-time low, barely bounced. Perp volume jumped 10x, funding flipped to -107% — shorts getting paid to stay short, and $MELANIA fell 11% with it.
I'm leaning bearish but not chasing — a short this crowded snaps back violently. $1.22 breaks, no floor left. $1.49 reclaims, squeeze opens.
Short $TRUMP under $1.22, or wait for $1.49?
Not financial advice. DYOR.
#TRUMP #MemeCoins #Midterms
