$TRUMP Short-term funds are warming up, but there is a huge long-term selling pressure. Pay attention to whether the key support can be maintained.



TRUMP has recently rebounded from a low of 7.134 USDT, currently oscillating around 7.721 USDT, but overall remains in a significant downward trend since its peak of 79.7 USDT.

According to the latest contract and spot funding data: Short-term (15m - 1h): Both contract and spot funds show significant net inflows, indicating that short-term capital is actively participating. Medium-term (4h - 12h): Contract and spot funds continue to maintain net inflows, showing that mid-term buying interest remains. Long-term (24h - 60d): Both contract and spot funds show significant net outflows, especially with the long-term selling pressure in the contract market being exceptionally large (hundreds of millions to billions of dollars outflow), which contrasts sharply with the short and medium term, indicating that the overall trend still requires high vigilance.

Technical Analysis:
Key support: Recent support is at the previous low of 7.134 USDT. Further below, attention should be paid to the potential support area around 6-7 USDT. Key resistance: Recent resistance is in the 9-10 USDT range. Further above, attention should be paid to the resistance levels in the areas of 12.5 USDT, 14.5 USDT, and 17.5-20.5 USDT.

Operation suggestions:
TRUMP's short-term capital inflows are positive, which may bring further rebound opportunities. However, long-term cycle data shows significant contract and spot selling pressure, which is the biggest risk at present.

Pay attention to key support: Closely monitor whether the support around 7.134 USDT can hold. This is an important position for determining the short-term bottom. If it breaks down, it may continue to decline. Pay attention to resistance above: The short-term rebound space is limited, watch for resistance in the 9-10 USDT range. Before effectively breaking through, the rebound may be constrained.

Risk Warning: Due to the long-term significant selling pressure, blindly chasing highs poses a very high risk. Cautious investors are advised to remain on the sidelines or wait for a clear alleviation of long-term selling pressure and stronger bottoming signals before considering entry. Aggressive investors may pay attention to short-term rebound opportunities, but they must set strict stop-loss levels and recognize the long-term downside risks.
#TRUMP #BTC
TRUMP-0,35%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)