TRUMP/USDT 15m Chart Analysis

TRUMP/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.