This looks like a highly volatile trade setup for $TRUMP/USDT. Based on the analysis:
Current Situation
• Price: $11.22 (-7.12%)
• 24H High: $12.19
• 24H Low: $11.05
• Trend: Bearish pressure with key support at $11.05
Trade Plan
Bullish Scenario (Long Entry)
• Entry: Near $11.05 (if support holds)
• Targets: $11.37, $11.60, and possibly $12.00
• Stop Loss: Below $11.05 (to avoid deeper downside)
Bearish Scenario (Short Entry)
• Entry: Below $11.05 (if it breaks down)
• Targets: $10.80, $10.50
• Stop Loss: Above $11.37 (if price recovers)
Market Insights
• Heavy selling pressure, with buyers struggling to defend key support.
• If $11.37 is reclaimed, momentum could shift bullish.
• Losing $11.05 may lead to further decline toward $10.50.
• Watch volume and price action at these levels before entering a trade.
Are you planning to trade this, or just analyzing?$TRUMP