🔍 Technical Overview:


Trend Structure

  • Strong Uptrend: Sharp rally from ~$7 to ~$18 between April 22 and April 27.

    Pullback/Correction: Drop from $18 to around $11.

    Higher Low Formation: Price bounced from ~$11 and is now consolidating around $13.37.

Current Price Action:

  • TRUMP/USDT is forming a bullish flag/pennant after a sharp rally.


    There is strong support near the $12.5–$12.8 zone (previous breakout level and recent higher low).

    Resistance lies around $14.20–$14.50 (previous lower highs).

📈 Trade Setup Suggestion:


Entry:

  • Aggressive entry: Current market price at $13.37 (early entry with potential).

    Conservative entry: On breakout above $14.20, confirming bullish momentum continuation.


    Stop Loss:

  • Place SL just below recent support: $12.40

    Risk: ~$1 per coin (if entering at $13.37)


    🎯 Targets:

  • TP1: $14.80 (recent resistance zone)

    TP2: $16.50 (next resistance from May 2025 high)

    TP3: $18.00 (full retracement of prior high)

    #TRUMP #TrendingTopic #BTC