TRUMP/USDT 15m Chart Analysis
TRUMP/USDT 15m Chart Analysis
Current Price: $61.04
Support Levels:
Momentum:
Trade Setup:
Market Maker Activity:
Notes:
Current Price: $61.04
Support Levels:
- Target 1: $58.50 (minor support).
- Target 2: $55.00 (major support).
- Resistance Targets:
- $63-$65 (key resistance zone).
Momentum:
- RSI: 42.44, indicating bearish control.
- Hidden bearish divergence suggests continuation of the downtrend.
Trade Setup:
- Entry: $61.00-$63.00 (or bounce to resistance at $63-$64).
- Targets: T1: $58.50, T2: $55.00
- Stop Loss: Above $63.50
Market Maker Activity:
- Distribution at higher levels, likely accumulating below $58 to trap bulls before continuation.
Notes:
- Monitor volume near $65 for confirmation of resistance strength.
- Look for pullback opportunities to $63-$64 for better R:R.
- Confidence Level: 8/10 for bearish continuation.
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