#TRUMP – Bullish Reversal Setup Brewing After Long Liquidation
Market Context:
A sharp long liquidation of $6,699 at $12.64962 has flushed out weak hands, creating a possible pivot point for a bullish reversal.
Price is stabilizing near a key demand zone, and early signs of recovery are surfacing as buyers cautiously step back in.
Key Price Levels:
Immediate Support: $12.50 – $12.65
Breakout Threshold: $13.10
Resistance Ahead: $13.60 – $14.20
Trade Setup – Bullish Reversal Strategy:
Entry Zone: $12.60 – $12.75 (on reclaim and volume pickup)
Targets:
TP1: $13.10
TP2: $13.60
TP3: $14.20
Stop-Loss: $12.35 (below liquidation low and demand floor)
Technical Insight:
Following the liquidation sweep, TRUMP is hovering at a strong confluence of previous breakout support and psychological interest.
Volume is starting to build on small bullish candles, suggesting accumulation is underway.
Next Move:
Monitor for a clear reclaim of $12.75 with increasing buy volume. A breakout above $13.10 could trigger a fast move toward the mid-$13 range as confidence returns.
Smart Strategy Tip:
Consider scaling in with a staggered entry. Momentum may return sharply if market sentiment shifts and short-term resistance breaks.
Pain often precedes profit—this reset could spark the next leg up for $TRUMP
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