$TRUMP /USDT — My Technical Breakdown (Daily & 4H Structure)
Chart Analysis:
The market has shown a major falling wedge breakout, a classic bullish reversal pattern. Additionally, a rounded bottom formation has been confirmed, followed by a strong bounce.
Current Price: $12.93
Key Fibonacci Levels (Swing Low: $7.15 to Swing High: $79.35):
Technical Zones:
🟢 Bullish Zone:
Strong support lies between $11.36 – $12.50. As long as price stays above this range, the bullish sentiment remains intact. Previous resistance now acting as support confirms the breakout.
🔴 Bearish Zone:
If price breaks below ~$11.00, the bullish structure may fail, potentially leading the price back down to $9.50 – $7.15.
Fibonacci Targets:
0.236 = ~$24.19
0.382 = ~$34.73
0.5 = ~$43.74
0.618 = ~$51.77
0.786 = ~$63.90
1.618 = ~$123.97
Potential Gain: Up to 860% if full fib extension is achieved
My Swing Trade Setup:
Entry: $12.50 – $13.20 (if price holds above support and volume rises)
Stop Loss: $11.00 (below this breaks the bullish setup)
Targets:
T1: $24.19
T2: $34.73
T3: $51.77
T4: $63.90
Final: $123.97
Note:
Volume has slightly increased post-breakout—now awaiting follow-through confirmation. While the setup is technically strong, be mindful of hype and volatility.
Let me know if you'd like an alert system, auto risk calculator, or a custom TradingView script to live-track this setup.
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