$TRUMP Market Outlook: Key Levels & Trade Strategy
TRUMP is trading at $25.23, marking a 6.56% decline in the past 24 hours. The price remains below key moving averages (MA7: $25.99, MA25: $26.03, MA99: $27.47), indicating a short-term bearish trend. Resistance is seen at $25.99 and $26.03, while support levels to watch are $25.00 and $24.81. Increased trading volume suggests active market participation, with selling pressure driving the recent dip.
Trade Setup: A breakout above $25.99 could signal a bullish move toward $27.26–$28.70, with a stop-loss below $25.00. Conversely, failure to breach resistance may present a short opportunity targeting $25.00–$24.81, with a stop-loss above $26.03. Monitor volume and price action for confirmation before entering a trade. Happy trading!
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