$TRUMP

The Trump Coin market has experienced a notable correction within its broader bullish structure.

During this correction, liquidity accumulated on the right side of the larger bullish pattern. A manipulation event led to a break below the liquidity zone, enabling larger market participants to buy into the selling pressure. This resulted in a bullish change of character (CHOCH) and reinforced the overall bullish outlook.

Currently, the market presents an opportunity to enter a position, targeting the premium/discount zone around $46, where significant profit-taking is expected. However, traders should remain cautious of a potential false bullish leg that may mark the conclusion of the ongoing correction.

Any price below $17.80 is considered a buying opportunity, with a preferred entry point at $17.25. The recommended stop-loss level is set just below $15.40.

This trade setup offers a risk-to-reward ratio of 1:15.