TRUMPUSDT 1H - Make or Break! Reclaim $16.785 or Sink to $15.50?
Price is attempting a recovery but still facing EMA resistance around $16.13 - $17.202.
Recent liquidity grab around $15.900 - $16.000, indicating potential short-term bottoming.
🛠 Key Levels to Watch
Resistance Zones:
$16.785 (34 EMA) → First rejection zone.
$17.202 (55 EMA Resistance) → Next breakout level; needs a 1H close above to confirm bullish momentum.
$17.572 - $17.846 (TD Sequential Resistance) → A break above here opens a push toward $19.558.
$19.558 (TD Sequential Plot) → Strong confluence of supply & liquidity. If reached, expect a reaction.
Support Zones:
$16.077 (5 EMA) → Acting as a short-term dynamic support.
$15.900 - $15.750 → Prior demand zone where liquidity was taken.
$15.500 - $15.200 → Key breakdown zone if price fails to reclaim $16.785.
$14.700 - $14.200 (Demand Buy Zone) → Extreme Sniper-Level Long.
📊 Indicators & Momentum
RSI: 64.395 (Still neutral; not yet overbought)
EMA 55: $17.20 (Major resistance)
EMA 99: $17.572 (Breakout zone)
Volume Spike: Higher than recent sessions, but needs follow-through.
📌 Trading Scenarios
🚀 Bullish Case (Breakout Confirmation)
🔹 Entry: If price closes above $16.785
🔹 Target 1: $17.202
🔹 Target 2: $17.846
🔹 Target 3: $19.558 (Full breakout)
🔹 Invalidation: A close below $15.900
📉 Bearish Case (Failure to Reclaim)
🔻 Entry: If price fails to close above $16.785
🔻 Target 1: $15.900
🔻 Target 2: $15.500
🔻 Target 3: $14.700 - $14.200
🔎 Final Thoughts
Bullish Scenario Needs a 1H Close Above $16.785 for Momentum Shift
Failure to Reclaim $17.202 Will Likely Lead to a Retest of $15.900
Break Below $15.500 Opens Doors for $14.700 Sniper-Level Long
⚡ Monitor Lower Timeframes (30m & 15m) for Early Reversal or Breakdown Signs!
Recent liquidity grab around $15.900 - $16.000, indicating potential short-term bottoming.
🛠 Key Levels to Watch
Resistance Zones:
$16.785 (34 EMA) → First rejection zone.
$17.202 (55 EMA Resistance) → Next breakout level; needs a 1H close above to confirm bullish momentum.
$17.572 - $17.846 (TD Sequential Resistance) → A break above here opens a push toward $19.558.
$19.558 (TD Sequential Plot) → Strong confluence of supply & liquidity. If reached, expect a reaction.
Support Zones:
$16.077 (5 EMA) → Acting as a short-term dynamic support.
$15.900 - $15.750 → Prior demand zone where liquidity was taken.
$15.500 - $15.200 → Key breakdown zone if price fails to reclaim $16.785.
$14.700 - $14.200 (Demand Buy Zone) → Extreme Sniper-Level Long.
📊 Indicators & Momentum
RSI: 64.395 (Still neutral; not yet overbought)
EMA 55: $17.20 (Major resistance)
EMA 99: $17.572 (Breakout zone)
Volume Spike: Higher than recent sessions, but needs follow-through.
📌 Trading Scenarios
🚀 Bullish Case (Breakout Confirmation)
🔹 Entry: If price closes above $16.785
🔹 Target 1: $17.202
🔹 Target 2: $17.846
🔹 Target 3: $19.558 (Full breakout)
🔹 Invalidation: A close below $15.900
📉 Bearish Case (Failure to Reclaim)
🔻 Entry: If price fails to close above $16.785
🔻 Target 1: $15.900
🔻 Target 2: $15.500
🔻 Target 3: $14.700 - $14.200
🔎 Final Thoughts
Bullish Scenario Needs a 1H Close Above $16.785 for Momentum Shift
Failure to Reclaim $17.202 Will Likely Lead to a Retest of $15.900
Break Below $15.500 Opens Doors for $14.700 Sniper-Level Long
⚡ Monitor Lower Timeframes (30m & 15m) for Early Reversal or Breakdown Signs!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.