TRUMP/USDT 15m: Bulls Charge Towards $62.5 !TRUMP/USDT 15m Chart Analysis
Current Price: $39.40
Market Structure:
Breaking out of consolidation with bullish momentum.
Strength observed after bouncing from the discount zone ($32.5).
Smart Money Concepts (SMC):
Order Block (OB): Key level at $37.5 (recent support).
Premium Zone: Identified at $62.5 (potential distribution target).
ChoCH Pattern: Breakout confirms bullish intent.
Trade Setup (Confidence: 8/10):
Entry: $39.5-$40.5 zone
Targets:
T1: $45
T2: $52.5
T3: $62.5
Stop Loss: Below $36.5 (to mitigate risk).
Risk/Reward: Favorable with moderate risk (6/10).
Market Maker Activity:
Accumulation evident at discount zone ($32.5), indicating potential markup.
Likely targeting premium zone for profit-taking.
Notes:
Hidden bullish divergence supports the bullish continuation.
Volume confirms the breakout structure; monitor for sustained buy interest.
Recommendation: Long position with tight risk management.
Confidence Level: 8/10 for bullish continuation.
