$TRUMP

Here’s the Smart Money Concepts (SMC) analysis of the TRUMP/USDT chart:

1. Market Structure and Break of Structure (BOS):

• The price reached a high of 15.54 before dropping sharply to 14.46, indicating a Break of Structure (BOS) to the downside. This suggests a temporary bearish trend.

• The swift recovery and break above short-term highs indicate a potential Change of Character (CHOCH) back to a bullish trend.

2. Liquidity and Manipulation:

• The sharp drop to 14.46 likely grabbed liquidity by triggering stop-losses below previous lows. This is a classic smart money manipulation to induce selling before reversing the trend.

• The rapid bounce back suggests smart money accumulated positions at discounted prices.

3. Order Blocks and Supply Zones:

• The bearish order block is around the 15.54 area where the price sharply reversed. This zone could act as resistance if retested.

• A bullish order block is visible near the 14.46 low, as strong buying pressure emerged from this level.

4. Moving Averages and Trend Confirmation:

• The MA (7) (yellow) has crossed above the MA (25) (pink), suggesting short-term bullish momentum.

• Price is currently testing the MA (99) (purple), which is acting as dynamic resistance. A clear break above would confirm bullish continuation.

5. Potential Play and Strategy:

• If the price retraces to the bullish order block near 14.70 - 14.90, it could be a good area for long entries.

• Conversely, if the price retests the bearish order block near 15.54 and shows rejection, it could be an opportunity for short positions.

Would you like help setting up a trading plan, or do you need further analysis on entry and exit strategies?