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$TRUMP — Is the Momentum Over?
I’m holding a $TRUMP short from around $2.60, position size ~$6,200, currently +$408.
Open Interest is declining after the recent surge, while funding sits at -0.0104%. Shorts are crowded, so a squeeze remains the biggest risk here. Momentum is also starting to weaken after the explosive move higher.
As long as $TRUMP stays below $2.60–$2.70, I expect the correction to continue. First target: $2.20–$2.25. If that zone breaks, I’m watching $2.00 next.
Miễn trừ trách nhiệm: Nội dung OKX Orbit chỉ để tham khảo. Tìm hiểu thêm
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