#TRUMPUSDT expecting further decline

477
📉 SHORT TRUMPUSDT.P from $17.400
🛡 Stop Loss: $17.966

⏱ 1H Timeframe

📍 Overview:
➡️ TRUMPUSDT.P is showing signs of weakness after forming local resistance. The price failed to hold above $17.966, confirming seller pressure.
➡️ POC (Point of Control) is positioned above the current price, indicating that liquidity has already been distributed in the upper range, while demand zones are shifting lower.
➡️ The price tested $17.400 and started moving downward, reinforcing the bearish scenario. If this level breaks, a move toward $16.412 is likely, where demand was previously observed.
➡️ The $16.412 level may serve as a short-term bounce zone, so monitoring price reaction is crucial.

⚡ Plan:
➡️ Short entry after breaking $17.400, confirming buyer weakness.
➡️ Risk management through Stop-Loss at $17.966, placed above the nearest liquidity zone.
➡️ Primary downside target – $16.412, where buyers may step in.

🎯 TP Targets:
💎 TP 1: $16.412

🚀 TRUMPUSDT.P continues to lose momentum — expecting further decline!

📢 TRUMPUSDT.P remains under pressure, and the current market structure suggests a potential continuation of the downtrend. If the asset breaks below $17.400, the decline may accelerate.
📢 It is crucial to monitor volume—if selling volume increases, the bearish trend will strengthen.
📢 However, the $16.412 level may act as a reversal zone, so partial profit-taking could be a smart strategy.

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