$TRUMP – Pull-back Rally, but momentum begins to lose steam here
Trading Plan Short $TRUMP (max 10x) Entry: 3.74 – 3.98 Stop Loss: 4.20 Take Profit: 3.50 Take Profit: 3.20 Take Profit: 2.95 The rebound successfully extended higher, but the upward momentum is starting to slow down in this area. Buyers are attempting to maintain the rally, but subsequent price action appears weaker, and the upside is becoming more volatile. Price is starting to grind against resistance rather than cleanly pushing higher. Sellers appear to be gradually re-entering the market, and when an uptrend begins to stall like this, it typically leads to a pullback once buying pressure subsides. Trade $TRUMP here 👇
$TRUMP – Pull-back Rally, but momentum begins to lose steam here
Trading Plan Short $TRUMP (max 10x)
Entry: 3.74 – 3.98
Stop Loss: 4.20
Take Profit: 3.50
Take Profit: 3.20
Take Profit: 2.95
The rebound successfully extended higher, but the upward momentum is starting to slow down in this area. Buyers are attempting to maintain the rally, but subsequent price action appears weaker, and the upside is becoming more volatile. Price is starting to grind against resistance rather than cleanly pushing higher. Sellers appear to be gradually re-entering the market, and when an uptrend begins to stall like this, it typically leads to a pullback once buying pressure subsides.
Trade $TRUMP here 👇