$TRUMP $TRUMP
📊 Technical Analysis: Possible Price Surge in TRUMP/USDT (5M)
In the 5-minute chart of TRUMP/USDT, a possible developing Elliott wave structure is observed. According to this analysis, the asset may be initiating an upward impulsive movement, composed of five waves.
🔍 Key points of the analysis:
✔️ Wave 1 has marked an initial advance, followed by a moderate correction in Wave 2.
✔️ Wave 3, generally the strongest, is in the process of formation.
✔️ A small correction (Wave 4) is expected before a possible final surge (Wave 5).
✔️ Volume has shown increases, which may support the movement.
📉 Levels to watch:
📌 Key resistances: $18.55 and $19.70.
📌 Relevant supports: $17.23 and $16.04.
This analysis follows the basic rules of Elliott, but it is crucial to monitor the price and volume behavior in the coming minutes to confirm if the structure develops correctly.
⚠️ Disclaimer: This analysis is for informational and educational purposes only. It does not constitute financial advice. Always conduct your own research before making investment decisions.
