$TRUMP is showing a strong recovery after bouncing from the $1.50 area, but the latest upward move is approaching an important resistance zone.
It is currently trading around $1.71 and has regained bullish momentum after a strong breakout from its previous consolidation phase.
I’m closely watching the $1.78–$1.80 supply zone. I expect #TRUMP to rise to this area before facing another rejection and possibly pulling back toward the $1.63 area.
However, a clear break above $1.80 would call this bearish scenario into question and could open the door to further gains
It is currently trading around $1.71 and has regained bullish momentum after a strong breakout from its previous consolidation phase.
I’m closely watching the $1.78–$1.80 supply zone. I expect #TRUMP to rise to this area before facing another rejection and possibly pulling back toward the $1.63 area.
However, a clear break above $1.80 would call this bearish scenario into question and could open the door to further gains
