$TRUMP Technical Analysis
TRUMP has recorded long liquidations around $1.588, indicating that leveraged buyers have faced pressure near this level. The $1.625–$1.650 region is the area to monitor for a possible recovery rejection.
If price fails to establish support above this zone, selling pressure could push the market toward $1.600 and potentially lower support levels.
Traders should watch volume and candle structure before entering. A strong bullish recovery would weaken the short thesis.
Invalidation: A sustained move above $1.685 cancels this setup.
Risk Management: Use disciplined position sizing and avoid chasing sudden volatility.
#Nasdaq Falls 1.07% as Semiconductor Stocks Extend AI-Driven Selloff
