$TRUMP /USDT IS A REVERSAL BREWING FROM THE DEPTHS? š
After topping out at $16.01, $TRUMP entered a clear downtrend, breaking multiple key levels including the consolidation base at $13.18 and the breakdown point of $12.04. A temporary bounce to $11.92 was rejected, and the price continued downward before recently finding support near the $9.60ā$9.80 region.
Now, the 4H chart reveals a potential bottoming structure, with bullish momentum building off the lows hinting at early accumulation.
š Market Breakdown
ā¢ Major High: $16.01
ā¢ Failed Consolidation Zone: $13.18 ā $12.04
ā¢ Local High Before Final Dump: $11.92
ā¢ Current Support Zone: $9.60 ā $9.80
ā¢ Current Resistance Zone: $10.80 ā $11.00
š Trade Setup (Reversal Watch)
ā¢ Entry Zone: $9.60 ā $9.80
ā¢ TP1: $10.52
ā¢ TP2: $11.30
ā¢ TP3: $12.00
ā¢ Stop Loss: $9.15
ā ļø A breakout above the $11.00 resistance with strong volume could validate this as a reversal leg. But until then, caution and confirmation are key.
buy and trade here on $TRUMP