$TRUMP has officially broken above its descending trendline after holding firm support around $11.8. The price also reclaims the 100 EMA (orange line), signaling strength and potential for a trend reversal.
📈 Technical Highlights:
Downtrend breakout confirmed ✅
Retest of resistance turned support around $13.3 ✅
Targets in sight:
• TP1: $16.52
• TP2: $21.04
• TP3: $26.35
This breakout setup remains valid as long as TRUMPUSDT holds above $13.3. A clean trendline flip often leads to explosive follow-throughs.
📈 Technical Highlights:
Downtrend breakout confirmed ✅
Retest of resistance turned support around $13.3 ✅
Targets in sight:
• TP1: $16.52
• TP2: $21.04
• TP3: $26.35
This breakout setup remains valid as long as TRUMPUSDT holds above $13.3. A clean trendline flip often leads to explosive follow-throughs.
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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.