【$TRUMP Signal】Pullback on Longs + 1H Oversold Rebound Play

The 1H timeframe is in the oversold zone, and the price is testing recent support at the low point. The 4H cycle shows oscillating downward movement, but open interest remains stable, with no signs of panic selling by major players. This looks more like a bull trap rather than a trend reversal. Currently, the 1-hour RSI has fallen to 34, approaching oversold levels, and the price has moved far from the 1-hour moving average, indicating a technical rebound is needed. The order book shows selling pressure concentrated above 3.38, while buy orders below are still solid, providing a basis for a rebound.

🎯Direction: Long $TRUMP Long(

⚡Entry/Order: 3.333 - 3.367

🛑Stop Loss: 3.250

🚀Target 1: 3.480

🚀Target 2: 3.550

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price fails to break above 3.43 and falls back below the entry zone, consider exiting early.

Order Book Logic: The price is declining but open interest remains stable. Coupled with a negative funding rate, this suggests a short squeeze may be brewing. The 1-hour chart shows a long lower shadow, indicating buying support below. The entry zone is near recent support levels and an optimized technical retracement point, offering a favorable risk-reward ratio. The key is whether the price can quickly recover above 3.40 and stabilize to confirm a strong rebound.

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