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: Bearish Key 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