๐ $TRUMP โ bullish expansion after a prolonged downtrend
After losing nearly 40% from local highs, TRUMP is finally showing signs of a potential trend reversal. Price has broken out of a multi-day compression zone around 2.00โ2.15 and reclaimed key moving averages, signaling a clear shift in momentum toward buyers ๐
๐ Technical view:
โข Strong bullish impulse after a long period of selling pressure
โข Price escaped a consolidation range and reclaimed key MA levels
โข Volume expansion confirms growing buyer interest
โข Previous resistance around 2.08 is now acting as support
โข Structure favors continuation while support holds
๐ก LONG idea ๐
๐ฏ Entry zone: 2.01 โ 2.06
๐ฏ Targets:
โ 2.25
โ 2.45
โ 2.60+
โ Stop-loss: below 1.96)
๐ As long as TRUMP holds above 2.08, buyers remain in control. A successful retest of the breakout area could fuel the next expansion wave toward 2.25โ2.45, with 2.60+ becoming a realistic target if momentum continues building. ๐๐