$TRUMP has shown a strong impulsive move from the recent lows, reclaiming key structure and shifting short-term momentum bullish.
After the sharp rally, price is now consolidating below the 5.40-5.45 resistance zone, suggesting healthy cooling rather than immediate weakness.
As long as price holds above the prior breakout area around the mid 5.20s, the structure remains constructive.
A deeper pullback into the highlighted demand zone near the high-4.80s could present a potential re-accumulation area, while a clean reclaim of resistance would open room for continuation toward higher supply levels. Overall, volatility is compressing, and a directional move is likely once price resolves this range.
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$TRUMP has shown a strong impulsive move from the recent lows, reclaiming key structure and shifting short-term momentum bullish.
After the sharp rally, price is now consolidating below the 5.40-5.45 resistance zone, suggesting healthy cooling rather than immediate weakness.
As long as price holds above the prior breakout area around the mid 5.20s, the structure remains constructive.
A deeper pullback into the highlighted demand zone near the high-4.80s could present a potential re-accumulation area, while a clean reclaim of resistance would open room for continuation toward higher supply levels. Overall, volatility is compressing, and a directional move is likely once price resolves this range.
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