TRUMPUSDT recently broke out downwards from a symmetrical triangle on the 1-hour chart, signaling potential bearish momentum.
❃The triangle had converging trendlines, indicating market indecision.
❃The breakdown below the lower trendline suggests further downside potential, with $17.854 USDT as the key support level.
❃If the support fails, the price could test lower levels, potentially near 0.055 USDT.
Watch for continued bearish momentum and volume increases as confirmation. If price recovers, resistance is around $40 USDT.
❃The triangle had converging trendlines, indicating market indecision.
❃The breakdown below the lower trendline suggests further downside potential, with $17.854 USDT as the key support level.
❃If the support fails, the price could test lower levels, potentially near 0.055 USDT.
Watch for continued bearish momentum and volume increases as confirmation. If price recovers, resistance is around $40 USDT.
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