Date: Mon, July 21, 2025 | 06:44 AM GMT

The broader cryptocurrency market continues to ride a bullish wave, led by Ethereum (ETH), which has surged 23% over the past week and is now trading above $3,750. This surge in market sentiment is spilling over into promising memecoins — and Official Trump (TRUMP) is showing signs of potentially explosive upside.

$TRUMP has gained 11% over the past 24 hours, extending its monthly rally to 22%, and the technical chart is flashing a Power of 3 pattern — a formation that could set the stage for a major breakout.

Source: Coinmarketcap

Power of 3 Pattern in Play

On the daily chart, TRUMP is forming a classic Power of 3 structure, a model often associated with “smart money” accumulation and manipulation phases before a big directional move.

Accumulation Phase:From late April through early June, TRUMP consolidated within a tight $11.16–$16.00 range, creating a rectangle that likely reflected large players quietly building positions as the market balanced between buyers and sellers.

Manipulation Phase:Following this, TRUMP experienced a sharp dip below the range, dropping to around $8.30. This move fits the “stop-hunt” characteristic of the pattern, designed to shake out weak hands and lure in shorts before reversing higher.

Official Trump (TRUMP) Daily Chart/Coinsprobe (Source: Tradingview)

Expansion Phase Incoming?

Since bottoming, today TRUMP has surged back to reclaim the $11.16 level — the previous range low. This rebound suggests the Expansion Phase may be underway, where the asset often moves strongly in its true direction: upward.

What’s Next for TRUMP?

If TRUMP can hold above the 100-day moving average ($10.80) and break decisively above $16.00 (the range high), the Power of 3 formation would be confirmed. A breakout could propel TRUMP toward $23.70, a target derived from projecting the height of the accumulation range upward — representing a potential 110% rally from current levels.

Still, traders should watch for confirmation. A strong breakout with volume above $16.00 is essential to validate the bullish scenario, while a failure to hold $10.80 could delay or invalidate the setup.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.