TRUMP/USDT 15m Chart AnalysisTRUMP/USDT 15m Chart Analysis
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.