$TRUMP There has just been a strong breakdown after being rejected at the resistance zone, confirming that the previous bullish structure has significantly weakened. The current momentum is clearly leaning towards the sellers as the recent highs are lower than the previous highs, selling pressure is increasing, and there are signs of capital outflow.

From a technical perspective, the most recent rejection indicates that the upper area is no longer well protected. When momentum shifts to bearish, the upward retracements are mainly technical and could present an opportunity to open short positions rather than expecting an immediate reversal.
Reference trading plan:
⟶ Entry zone: 2.50 – 2.60
⛔ Stop Loss: 2.95
• TP1: 2.30
• TP2: 2.10
The priority strategy is to wait for the price to retrace to the entry zone instead of chasing after a deep decline. Manage capital carefully because TRUMP's volatility range is usually quite large, easily hitting stop-loss if set too tight.
Currently, the short-term trend still leans towards decline. Only when the price reclaim the 2.95 zone with convincing buying strength should the bearish scenario be reevaluated.
{spot}(TRUMPUSDT)