$TRUMP is taking a breather around 4.96 after a strong rejection from the 5.22 high. Price has slipped below the 7 and 25 moving averages on the 15 minute chart, showing that short term momentum is cooling and sellers are pressing. Still, the bigger picture is not broken yet. Buyers are actively defending the 4.92 to 4.62 support zone, keeping the overall structure alive.

If bulls step back in and reclaim the 5.00 to 5.05 area with solid volume, a fast rebound toward 5.17 and even a retest of 5.22 can happen. This is the zone where momentum can flip quickly. On the downside, a clean break below 4.92 would signal weakness, likely opening the door for a deeper pullback and increased volatility. This is a critical moment where the next move could be sharp and decisive.