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This price action is exactly how most traders get trapped.
$TRUMP had that massive spike up toward four point four, but the rejection was just as fast. We are sitting at three point seven right now and the chart looks like it's trying to find a floor after that vertical move.
The volume on that pump was huge, but these last few red candles show people are taking profits aggressively. Support seems to be holding around three point five, but if that breaks, we might see a slow bleed back down to the three point zero level.
I am waiting to see if it consolidates here or if this was just a one off pump and dump. If we can't reclaim four point zero soon, the momentum might just fizzle out.
#GateSquareAIReviewer