๐ SHORT TRUMPUSDT.P from $12.278 ๐ก Stop Loss: $12.599
โฑ 1H Timeframe
โก Trade Plan: โ The TRUMPUSDT.P price has formed a Bearish Flag and broke its lower boundary, confirming a bearish scenario. โ The asset is trading below POC (Point of Control) at $12.978, indicating strong seller dominance. โ Increasing volume on the breakdown further confirms the strength of the downward move.
๐ข A close below $12.278 would confirm further downside movement. ๐ข POC at $12.978 is a strong resistance level that the price failed to break. ๐ข Increasing volume on the drop supports the bearish outlook. ๐ข Securing partial profits at TP1 ($12.100) is a smart risk-management strategy.
๐จ TRUMPUSDT.P remains in a downtrend โ monitoring for continuation and securing profits at TP levels!
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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.