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Most people are looking at the wrong level on this $TRUMP chart right now.
We’ve been bleeding out since that 4.49 peak and things are looking pretty flat at 2.86. It feels like the market is just holding its breath.
Looking at the daily candles, we are basically hugging this support zone near 2.70. Volume is super low at 9.6M, which usually means a big move is cooking, but it could go either way. If we break below 2.70, it’s probably going to get ugly fast.
On the flip side, we have some serious resistance at the 3.00 psychological level. We need a massive spike in buying volume to flip that and actually start a recovery trend. Right now, it's just a sideways chop and boredom.
I’m staying on the sidelines until I see a real breakout or a clear bounce with volume. Don’t get caught in the fakeouts.
Who’s still brave enough to hold this?
#WCTCTradingChallengeShare8MUSDT