$TRUMP is pulling back into a major resistance zone as its latest rally loses steam.
Short Setup: $TRUMP
Entry Zone: 1.663 – 1.697
Stop Loss: 1.83
Target 1: 1.62
Target 2: 1.57
Target 3: 1.54
The recent bounce drove price right into a heavy supply area, and sellers are stepping in to absorb buying pressure. Bulls are failing to push past this local ceiling, leaving a stack of downside liquidity open below. If resistance stays firm, expect a quick rotation back down toward lower support levels.
Execute your $TRUMP trade here
#CFTCSeeksInputOnComputeDerivatives #CryptoRally #AdnocPlansToTrimAsiaCrudeShipments
Short Setup: $TRUMP
Entry Zone: 1.663 – 1.697
Stop Loss: 1.83
Target 1: 1.62
Target 2: 1.57
Target 3: 1.54
The recent bounce drove price right into a heavy supply area, and sellers are stepping in to absorb buying pressure. Bulls are failing to push past this local ceiling, leaving a stack of downside liquidity open below. If resistance stays firm, expect a quick rotation back down toward lower support levels.
Execute your $TRUMP trade here
#CFTCSeeksInputOnComputeDerivatives #CryptoRally #AdnocPlansToTrimAsiaCrudeShipments