After the October flash crash, price bounced into resistance, where a bearish divergence formed.
It is now playing out cleanly, and the downtrend continues.
The only meaningful bullish argument at the moment is a large falling wedge on the weekly chart (after removing noise).
Given the memecoin nature of TRUMP, the pattern has a chance to play out — but confirmation is required.
Long entries should be considered only after a clear reversal setup forms.
The 7.5–10$ range holds the main traded volume — this is the primary resistance block and the first major zone to offload positions.
Only a sustained break above this range would open the way toward higher targets.
It is now playing out cleanly, and the downtrend continues.
The only meaningful bullish argument at the moment is a large falling wedge on the weekly chart (after removing noise).
Given the memecoin nature of TRUMP, the pattern has a chance to play out — but confirmation is required.
Long entries should be considered only after a clear reversal setup forms.
The 7.5–10$ range holds the main traded volume — this is the primary resistance block and the first major zone to offload positions.
Only a sustained break above this range would open the way toward higher targets.
✅ Підписуйся на мій канал t.me/Lemon_bros
🇺🇦 Ukrainian trader
🇺🇦 Ukrainian trader
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✅ Підписуйся на мій канал t.me/Lemon_bros
🇺🇦 Ukrainian trader
🇺🇦 Ukrainian trader
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.