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$TRUMP – Weak Bounce Meets Resistance, Short-Term Outlook
Trade Setup: Short (Leverage up to 20x)
· Entry Zone: 1.67 – 1.69
· Stop Loss (SL): 1.77
· Take Profit Targets:
· TP1: 1.60
· TP2: 1.50
· TP3: 1.42
Technical View:
$TRUMP remains confined within a broader descending channel, and the current bounce appears to be nothing more than a short-term corrective wave retracing toward the resistance zone, not a reversal of the overall trend. As long as the price stays below 1.77, the bearish side remains stronger, with the potential for continued decline toward lower support levels.
Trade Execution:
📉 Click here to execute the trade on $TRUMP 👇