After a strong upward move from a low of $13.85, $TRUMP
Trump/USDT is currently trading around $15.67. The rally hit a temporary ceiling at the $16.00 resistance level, where price action has started to consolidate. At this point, the market seems to be at a crossroads—either bulls break through resistance for a continued move up, or bears take control for a short-term correction.
Key Levels I’m Watching
Resistance – $16.00: This is the current pressure point. A decisive breakout above could open the door to a sharp rally targeting $16.50 and potentially $17.20. $BNB
Support – $15.50: This is the immediate floor. If sellers push below this zone, we could see a deeper pullback toward $15.10 and $14.70. $ETH
Trade Setup – High Volatility Expected Ahead
With price action compressing near resistance and key technical levels in play, I’m preparing for volatility and watching for confirmation before entering any trades.
Bullish Scenario:
If we get a clean breakout and close above $16.00:
Target 1: $16.50
Target 2: $17.20
Stop-Loss: Below $15.45
Bearish Scenario:
If price breaks below the $15.50 support zone:
Target 1: $15.10
Target 2: $14.70
Stop-Loss: Above $16.05
Final Thoughts
We’re at a decision point on the TRUMP/USDT chart. Breakouts from tight consolidation near resistance often bring explosive moves, but fakeouts are also common in this kind of setup. I’m staying patient, waiting for confirmation, and ready to react either way.
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