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#TRUMPUSDT – Bearish Scenario, Breakout Down📉 SHORT BYBIT:TRUMPUSDT.P from $12.278 🛡 Stop Loss: $12.599 ⏱ 1H Timeframe ⚡ Trade Plan: ✅ The BYBIT:TRUMPUSDT.P price has formed a Bearish Flag and broke its lower boundary, confirming a bearish scenario. ✅ The asset is trading below POC (Point of Control) at $12.978, indicating strong seller dominance. ✅ Increasing volume on the breakdown further confirms the strength of the downward move. 🎯 TP Targets: 💎 TP 1: $12.100 🔥 TP 2: $11.900 ⚡ TP 3: $11.785 📢 A close below $12.278 would confirm further downside movement. 📢 POC at $12.978 is a strong resistance level that the price failed to break. 📢 Increasing volume on the drop supports the bearish outlook. 📢 Securing partial profits at TP1 ($12.100) is a smart risk-management strategy. 🚨 BYBIT:TRUMPUSDT.P remains in a downtrend – monitoring for continuation and securing profits at TP levels!
Short
by MoriartyTrading
3
#TRUMPUSDT expecting further decline📉 SHORT BYBIT:TRUMPUSDT.P from $17.400 🛡 Stop Loss: $17.966 ⏱ 1H Timeframe 📍 Overview: ➡️ BYBIT: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 🚀 BYBIT:TRUMPUSDT.P continues to lose momentum — expecting further decline! 📢 BYBIT: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.
Short
by MoriartyTrading
3
TRUMP reached $15B in market cap! Should this even be legal??OFFICIAL TRUMP (TRUMPUSDT) was launched officially on Friday by President Donald Trump, reaching a market capitalization peak of $15 billion. It naturally falls into the category of memecoins and even though the token may very well keep rising with its technical corrections and rallies, the big question that is on everyone's mind is this: SHOULD IT EVEN BE LEGAL? This post isn't a political one, we wouldn't care any less if the token was named Bidencoin or Obamacoin. Our concern falls purely in the economic sphere and the financial consequences a price collapse may have on its (naive?) investors and the whole crypto market in general. Obviously, having released only 20% of supply to the general public while the remaining 80% of tokens that have yet to be publicly released are owned by the Trump Organization affiliate CIC Digital LLC and Fight Fight Fight LLC (a company formed in Delaware on Jan. 7), is in principle a positive step and a small sign towards proper governance. But naturally the token’s website includes a disclaimer noting TRUMP is “not intended to be, or the subject of” an investment opportunity nor a security of any type, and is “not political and has nothing to do with” any political campaign, political office or government agency. Again to avoid confusion, the token may very well extend the current rally, after all it has been on 3 enormous straight green candles, and even double in price and enter the top 10 of crypto with more than $30B cap. But can you image the consequences to the whole market if some of that 20% of public supply or any of the 6 wallets that own more than $600 million each, makes a rug pull? Beyond the ethical aspect, should it be legal for the President of the United States to have such a large stake on this kind of venture? Does the idea of a 'free market' apply under the above conditions? We are just raising our concerns and nothing more, as it took us, the whole crypto community, 25 years to get the market from a state of ridicule to a global force that is already reshaping the world as we know it. And it is our responsibility to question moves and call potential dangers if we see one. How will it reflect to crypto investors if the U.S. President's coin goes from no 15 in the market cap to bust? It took a lot of years and effort for the first BTC ETF to attract high profile capital to the market from investors that would otherwise never though of buying cryptocurrency if it weren't for Blackrock and others to back it up with an ETF. Will those people or even normal investors maintain their appetite if the U.S. President fails to safeguard even his own coin? Lots of questions, tough answers. Feel free to tell us what you think about TRUMP's coin. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
29