$TRUMP /USDT (1H/1D)
Local reversal due to strong momentum from the bottom ($1.48) has been replaced by a logical correction. The price is stuck in the $2.06 area, where the further direction is being decided.
📊 Technical overview:
Daily chart: Powerful bullish absorption on increased volumes and growth of Open Interest (money entered the market).
Locally: Positions are being taken by spot buyers (sharp uptrend on CVD).
Liquidation map: A strong support block of $2.00–$2.05 is held below. A magnetic pool of short liquidations has formed above in the $2.25 and $2.38 zones.
🚦 TRADING PLAN (Long)
➡️ Entry: $2.00 – $2.06 (set in parts)
🎯 Targets: 🎯 $2.25 (first fixation)
🎯 $2.38 – $2.40 (main target for liquidity withdrawal)
🚫 Stop-Loss: $1.94 (fixing the candle below the psychological level of $2.00)
We consider a short only as a counter-trend in case of buyer weakness around $2.35–$2.39 with a stop at $2.44.
⚠️ Political tokens have increased volatility. Follow risk management!
