#TRUMPUSDT โ€“ Bearish Scenario, Breakout Down

503
๐Ÿ“‰ SHORT TRUMPUSDT.P from $12.278
๐Ÿ›ก Stop Loss: $12.599

โฑ 1H Timeframe

โšก Trade Plan:
โœ… The TRUMPUSDT.P price has formed a Bearish Flag and broke its lower boundary, confirming a bearish scenario.
โœ… The asset is trading below POC (Point of Control) at $12.978, indicating strong seller dominance.
โœ… Increasing volume on the breakdown further confirms the strength of the downward move.

๐ŸŽฏ TP Targets:
๐Ÿ’Ž TP 1: $12.100
๐Ÿ”ฅ TP 2: $11.900
โšก TP 3: $11.785

๐Ÿ“ข A close below $12.278 would confirm further downside movement.
๐Ÿ“ข POC at $12.978 is a strong resistance level that the price failed to break.
๐Ÿ“ข Increasing volume on the drop supports the bearish outlook.
๐Ÿ“ข Securing partial profits at TP1 ($12.100) is a smart risk-management strategy.

๐Ÿšจ TRUMPUSDT.P remains in a downtrend โ€“ monitoring for continuation and securing profits at TP levels!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.