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$TRUMP



TRUMP/USDT (4H) Analysis
Key Observations:
✅ Double Bottom Formation – A strong reversal pattern, suggesting that the downtrend might be over and a new uptrend could be forming.
✅ Breakout Above Downtrend Line – The price has successfully broken out of the falling wedge pattern, a bullish signal.
✅ Higher High (HH) and Higher Low (HL) – Confirming a potential trend reversal to the upside.
✅ RSI at 57 – RSI is in a neutral zone, meaning there is still room for price growth before becoming overbought.

Key Levels:
🔹 Support: ~$19 (recent breakout retest zone)
🔹 Resistance: $21.50 - $22 (next key area to break for bullish continuation)
🔹 Major Upside Target: $30 - $40 if the breakout sustains

Potential Trade Plan:
📌 Entry: If price holds above $19-$20, it's a strong buy zone for continuation.
📌 Stop-Loss: Below $18 to manage risk.
📌 Target: $25 - $30 in the short term, with higher potential if market momentum stays bullish.

🚀 Final Thoughts:
This setup is bullish, and if momentum sustains, TRUMPUSDT could see significant upside. However, watch for confirmation with volume and a retest of the breakout zone before entering aggressively.
Key Observations:
✅ Double Bottom Formation – A strong reversal pattern, suggesting that the downtrend might be over and a new uptrend could be forming.
✅ Breakout Above Downtrend Line – The price has successfully broken out of the falling wedge pattern, a bullish signal.
✅ Higher High (HH) and Higher Low (HL) – Confirming a potential trend reversal to the upside.
✅ RSI at 57 – RSI is in a neutral zone, meaning there is still room for price growth before becoming overbought.

Key Levels:
🔹 Support: ~$19 (recent breakout retest zone)
🔹 Resistance: $21.50 - $22 (next key area to break for bullish continuation)
🔹 Major Upside Target: $30 - $40 if the breakout sustains

Potential Trade Plan:
📌 Entry: If price holds above $19-$20, it's a strong buy zone for continuation.
📌 Stop-Loss: Below $18 to manage risk.
📌 Target: $25 - $30 in the short term, with higher potential if market momentum stays bullish.

🚀 Final Thoughts:
This setup is bullish, and if momentum sustains, TRUMPUSDT could see significant upside. However, watch for confirmation with volume and a retest of the breakout zone before entering aggressively.