TRUMP / TetherUSLong
TRUMP/USDT - Gann Analysis & Key Levels
TRUMP/USDT (Binance) - Gann Analysis & Key Levels
📊 Market Overview:
TRUMP was able to break out from a descending trendline. The price recently touched a key support zone around $14.46 and is now showing some signs of recovery.
🔍 Technical Breakdown:
Resistance Levels:
$17.68 - First level of resistance
$19.38 - Psychological resistance
$23.07 - $27.08 - Strong resistance zone in case of a breakout
Support Levels:
$16.02 - Holding above this could confirm bullish momentum
$14.46 - Key support; losing this level could trigger further downside
🚀 Potential Scenarios:
🟢 Bullish Case: If TRUMP maintains above $16.02, it could challenge $17.68, with a potential rally toward $19.38+. A confirmed breakout could push the price toward $23-$27 range.
🔴 Bearish Case: Failure to hold above $16.02 may lead to a retest of $14.46. If this level breaks, a deeper correction toward $12 could be expected.
⚠️ Key Takeaway:
The trend is at a critical turning point. If bulls sustain momentum, a trend reversal could push TRUMP toward $20+ in the coming days. However, losing $16 support would weaken the bullish case.
💬 What’s your take? Will TRUMP break out or continue the downtrend? 🚀
📊 Market Overview:
TRUMP was able to break out from a descending trendline. The price recently touched a key support zone around $14.46 and is now showing some signs of recovery.
🔍 Technical Breakdown:
Resistance Levels:
$17.68 - First level of resistance
$19.38 - Psychological resistance
$23.07 - $27.08 - Strong resistance zone in case of a breakout
Support Levels:
$16.02 - Holding above this could confirm bullish momentum
$14.46 - Key support; losing this level could trigger further downside
🚀 Potential Scenarios:
🟢 Bullish Case: If TRUMP maintains above $16.02, it could challenge $17.68, with a potential rally toward $19.38+. A confirmed breakout could push the price toward $23-$27 range.
🔴 Bearish Case: Failure to hold above $16.02 may lead to a retest of $14.46. If this level breaks, a deeper correction toward $12 could be expected.
⚠️ Key Takeaway:
The trend is at a critical turning point. If bulls sustain momentum, a trend reversal could push TRUMP toward $20+ in the coming days. However, losing $16 support would weaken the bullish case.
💬 What’s your take? Will TRUMP break out or continue the downtrend? 🚀
Time is more important than price. When time is up price will reverse." – W. D.
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.
Time is more important than price. When time is up price will reverse." – W. D.
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.