$TRUMP is flashing bullish strength after a confident bounce off $9.20, forming two solid green candles. This signals a momentum shift back to the bulls, now testing the key resistance at $9.39, a former rejection zone.
If $9.39 breaks with volume, expect a fast short squeeze toward higher targets. Here’s a sharp scalping plan:
Trade Setup (Long - Breakout Anticipation):
Entry Zone: $9.30 – $9.33
Stop Loss: $9.22 (below recent low/support)
TP1: $9.39 (initial resistance — scalp zone)
TP2: $9.45 (previous minor swing high)
TP3: $9.59 (liquidity zone — potential squeeze zone)
Watch 1H & 15M volume closely near $9.39 – a strong breakout candle with volume confirmation is critical.
If rejected again at $9.39, look for a potential bull flag retracement for re-entry near $9.26–$9.28.
Funding rates and Open Interest (OI) spikes could signal shorts piling in — perfect for squeeze potential.
