$TRUMP : Panic Selling vs. Smart Buying (RSI 19 Extreme)
The "Bagholder Panic" is real.
OFFICIAL TRUMP ($TRUMP ) has crashed to $3.31, sitting in deep discount territory.
Retail traders are capitulating because the ADX is screaming downtrend.
Smart Money is looking at the RSI 19, not the Emotion.
Here is why this drop is a specific "Liquidity Hunt" and where the floor likely sits.
1. THE "CAPITULATION" SIGNAL (RSI 19) 📉
We are currently hitting RSI 19.0 on the Daily chart.
* Context: An RSI below 20 is rare. It signals "Max Pain."
* The Trap: While ADX at 83.1 confirms a strong downtrend, selling into an RSI of 19 is statistically a losing trade. The rubber band is stretched to the breaking point.
* Support: Price is hugging the Lower Bollinger Band at $3.25. This often acts as a dynamic floor for relief bounces.
2. THE "LIQUIDITY FLOOR" ($2.98 - $3.20) 🧱
Why is price stalling here?
* Swing Support: The major swing low sits at $2.98.
* The Setup: Market Makers often push price *just below* $3.00 to trigger retail stop-losses (The Panic), only to reclaim the level immediately.
* Volume: Volume is low ($595K vs $7.79M avg), meaning the sellers are running out of ammo.
3. THE GAME PLAN (How to Fix the Trade) 🛠️
If you are underwater, panic selling here is the worst move.
The "Relief Bounce" Setup:
* We do not catch the falling knife blindly.
* Trigger: We wait for a sweep of $2.98 followed by a 4H close back above $3.33.
* Target 1: The Bearish Order Block at $4.17 - $4.29.
* Target 2: The Daily EMA 20 at $4.23.
Invalidation:
* If we close daily below $2.98, the structure collapses toward the weak low at $1.29.
🧠 SUMMARY
* Emotion: Extreme Fear (RSI 19).
* Structure: Testing Major Support ($2.98).
* Action: Wait for the sweep -> Trade the bounce to $4.29.
#TRUMP #TrendingTopic #momentum
