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$TRUMP – The rally has pulled back, but the momentum begins to weaken 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 in this area. Buyers are trying to sustain the rally, but the subsequent price action appears weaker, with the uptrend becoming more volatile. The price is beginning to stall at resistance rather than continue rising smoothly. Sellers seem to be gradually re-entering the market, and when rallies stall like this, it usually results in a pullback once buying pressure diminishes.
Trade $TRUMP here 👇