🔍 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)