T-Mobile US (TMUS) declined in its latest intraday trading, after previously unwinding oversold conditions on the RSI. Persistent downside pressure remains as the stock trades below its 50-day SMA, while breaking a short-term rising trend line, which reinforces the bearish outlook.

Therefore, we expect the stock to decline in upcoming sessions, as long as resistance at 251.75 holds, targeting the support level at 231.50.

Todays price forecast: Bearish.