Is the current dip in $TRUMP a strategic buying opportunity or a warning sign to hold back?
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$TRUMP â Bearish Trend Continues
TRUMP is showing a downward trend, currently trading at $9.35, down 0.85% in the last 24 hours. The price recently hit a high of $9.54 but has since declined, indicating selling pressure. This weakness suggests potential further downside with a possible retest of the $9.09 support level.
â© Trade Setup:
đč Entry Zone:* $9.30 â $9.25 (on confirmation of bearish hold)
đč Stop Loss:* Above $9.55
đč Target 1:* $9.09
đč Final Target:* $9.00
Risk Management:
- Limit risk to 1â2% of capital per trade.
- Consider taking partial profits at $9.09 and move stop loss to breakeven.