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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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.