$TRUMP Just Faced a Major Shakeout: $1.24K Liquidated at $12.50
The market just delivered a wake-up call. A sharp liquidation of $1,244.1 at the critical level of $12.50 has triggered panic among leveraged longs. But beneath the surface, this may be setting the stage for a dramatic reversal.
The Breakdown
The liquidation at $12.50 suggests that a significant number of over-leveraged long positions were wiped out. This move flushed out weak hands — and now the dust is beginning to settle.
Technical Analysis
Buy Zone:
$11.30 to $12.00
This is the high-probability accumulation range. Price is hovering near key support where demand historically steps in. The volume profile is showing a potential bullish divergence on lower timeframes.
Stop Loss:
$10.80
If the price breaks and closes below this level, it signals a deeper correction. Capital preservation becomes the priority.
Targets:
Target 1: $13.75 (previous minor resistance, potential bounce zone)
Target 2: $15.60 (strong psychological and technical barrier)
Target 3: $17.25 (mid-term bullish breakout zone)
Strategic Insight
Smart money often enters after a liquidation event — not before. This recent drop and liquidation could be the setup for a powerful upside rebound if price holds the support zone. Volume spikes and decreasing selling pressure further support the rebound narrative.
The market just gave a second chance. The question is — will you read the signs, or follow the crowd?