$TRUMP | Update 📊
TRUMP is trading around 2.44–2.45, down nearly 10% on the day. On the 1H chart, price has compressed inside a symmetrical triangle after a strong previous move. This shows that momentum is cooling, and the next breakout could decide the short-term direction.
The key support is around 2.37–2.40, with the 24H low near 2.375. If this zone holds and TRUMP reclaims 2.55–2.62, buyers could push toward 2.74–2.75 and potentially higher. However, a clean breakdown below 2.37 could open the way toward 2.20 and 2.06.
For now, I would avoid chasing the move and wait for confirmation from the triangle breakout. Above 2.62 would improve the bullish structure, while below 2.37 would turn the setup more bearish. DYOR, manage your risk, and don't enter simply because of a sudden move.
Trade from here to become my supporter on Binance Square (DYOR) 👇
TRUMP is trading around 2.44–2.45, down nearly 10% on the day. On the 1H chart, price has compressed inside a symmetrical triangle after a strong previous move. This shows that momentum is cooling, and the next breakout could decide the short-term direction.
The key support is around 2.37–2.40, with the 24H low near 2.375. If this zone holds and TRUMP reclaims 2.55–2.62, buyers could push toward 2.74–2.75 and potentially higher. However, a clean breakdown below 2.37 could open the way toward 2.20 and 2.06.
For now, I would avoid chasing the move and wait for confirmation from the triangle breakout. Above 2.62 would improve the bullish structure, while below 2.37 would turn the setup more bearish. DYOR, manage your risk, and don't enter simply because of a sudden move.
Trade from here to become my supporter on Binance Square (DYOR) 👇
