Is the trend currently upward or downward?
Post
AMANDA BELLA
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$TRUMP
🔍 Technical Analysis - #TRUMP/USDT
⚡️ Symmetrical triangle formation
The chart clearly shows a symmetrical triangle, which is a neutral pattern that often indicates a strong breakout when confirmed by trading volume.
🔼 Bullish Scenario:
Breakout above the triangle resistance
🚀 Target 1: $16.90 (initial breakout confirmation level)
🎯 Target 2: $23.74
🎯 Target 3: $28.63
Increased trading volume and a breakout above $13.00 are likely to confirm the continuation of the bullish trend.
🔽 Bearish Scenario:
Breakdown below the triangle support
⚠️ Critical level: $10.12
Falling below this support may lead to a sharp decline and invalidate the bullish structure.
🔍 Technical Analysis - #TRUMP/USDT
⚡️ Symmetrical triangle formation
The chart clearly shows a symmetrical triangle, which is a neutral pattern that often indicates a strong breakout when confirmed by trading volume.
🔼 Bullish Scenario:
Breakout above the triangle resistance
🚀 Target 1: $16.90 (initial breakout confirmation level)
🎯 Target 2: $23.74
🎯 Target 3: $28.63
Increased trading volume and a breakout above $13.00 are likely to confirm the continuation of the bullish trend.
🔽 Bearish Scenario:
Breakdown below the triangle support
⚠️ Critical level: $10.12
Falling below this support may lead to a sharp decline and invalidate the bullish structure.
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