DJT Dead Below $32 | Bullish Above $32
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Unbiased scenarios for DJT media of Truth Social, based on simple conditions of holding or losing a neckline at 32 bucks.
Below $32 = Bearish:
Above $32 = Bullish:
Best of luck!
Below $32 = Bearish:
A weekly close below $32 that isn't immediately recovered in the following week likely means it is headed further down towards 12.50. There is an unfilled gap around ~17.50-18.50, so at the very least it could revisit that area.
Above $32 = Bullish:
Should the weekly remain above $32 instead, expect to see it revisit $82 with an eventual weekly close near that level, and then continuation up towards $132
Best of luck!
Nota
Fell well below 32, 17 or lower is looking likely unless there is a fast and strong reclaim of 32Nota
Fell to 17 and continued lower, 12.50 should be a support level, if that is lost it will move even further down and into price discovery
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