2026-01-09 03:27:42

TRUMP's four-hour chart is currently completely suppressed by the short-term moving averages. The MA20 has risen to 5.44, forming a strong resistance level, and the price has even fallen below 5.36 without recovery.

On the MACD indicator, a dead cross has already been established at high levels, and the RSI is only at 39.3 and continues to decline. There is a clear lack of trading volume to support the rebound. Under these circumstances, the longer the consolidation time, the more sufficient the momentum for subsequent declines.

The current price of 5.349 is already a good entry point for a short position, with the first target looking towards the previous low of 5.236. It is recommended not to wait for a rebound confirmation; the rebound itself is an opportunity to release risk, and you can consider directly entering a short position.

TRUMP0,55%

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ForkLibertarian

· 01-10 21:32

The bearish signal is so obvious, but I still think the rebound will be more fierce...

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DataBartender

· 01-09 03:53

Yeah, this move is quite aggressive, with the MA20 holding it down tightly. The shorting opportunity is good, but I'm just worried that a rebound might just be a trap.

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LightningClicker

· 01-09 03:47

Damn it, it's the same old dead cross + low RSI trick again. Every time, they say it will drop and then rebound. It's really getting annoying.

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LiquidatedTwice

· 01-09 03:39

It's a death cross again. Can it break 5.236 this time? Feels a bit uncertain.

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NoodlesOrTokens

· 01-09 03:32

5.349 is indeed an attractive level, but I'll wait and see --- After a death cross is confirmed, the usual rebound is a trap. I've seen this trick too many times --- If the volume doesn't match, it's just a fake move. Be cautious with short positions --- The MA20 hurdle is really tough; it gets hammered once it rebounds --- I just want to know if it will make another reverse surge after dropping to 5.2 --- Going straight into a short position? That's a bit too casual, brother --- The longer the consolidation, the more momentum builds. I believe in this logic, but the bottom is hard to find --- I don't dare to move around near 5.3, feels like it might break again

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