TRUMP coin analysis

Updated
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Supply Zone (S&D): Price has recently tested a prominent supply zone around the $5.50 level, which acted as a strong resistance and caused a bearish reversal.

Descending Channel: The price is moving within a descending channel, suggesting a continuation of the downtrend. The channel's resistance and support lines provide potential reversal points.

Support Zone: A significant support area is located around $2.20 - $2.25, which could act as a potential target if the price continues to drop.

Trade closed: target reached
snapshot
the short position hit the target
#trump #magausdt
Beyond Technical AnalysisChart PatternsmagamagausdMAGAUSDTTrend Analysistrumptrumpcointrumpsusdt

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