Technical analysis by TheCalvinm about Symbol TRUMP: Sell recommendation (1/22/2025)

Here's my quick take on $TRUMP's 1-hour chart:🐻 Current Sentiment: BearishKey Highlights:🔴 Resistance Rejected: A failed breakout rally indicates selling pressure at higher levels.🔴 Fakeout Rally: A fakeout near resistance has further strengthened the bearish case.🔴 RSI: Not yet oversold, signaling there may still be room for downside.🟢 Stoch RSI: Oversold, suggesting a potential short-term bounce near support levels.Key Levels:Resistance Zone: $40.50 - $46.00 (Ideal shorting opportunity when overbought).Support Zone: $30.40 - $31.37 (Potential entry point for long positions).My Plan:Short at resistance or during overbought conditions.Watch for a bounce near the support range.Closing Thoughts:This is a short-term analysis that’s only valid for the next 12 hours, so stay sharp! What’s your take? Bullish or bearish? Let’s discuss!#CryptoTrading #TRUMP #Altcoins #TechnicalAnalysis #BearishTrend