Trump Coin surged aggressively but is now testing a bearish retest zone including the value area low, 0.618 Fibonacci, and anchored VWAP. These levels form a strong technical ceiling for price action.
Two Key Points:
Volume profile shows a climactic node, often marking temporary tops.
Reclaiming current resistance is needed to avoid a full retrace to $9.30.
As it stands, the recent impulse may be topping out. If the local low breaks, bears could regain full control with eyes on a move back to the impulse base.
Two Key Points:
Volume profile shows a climactic node, often marking temporary tops.
Reclaiming current resistance is needed to avoid a full retrace to $9.30.
As it stands, the recent impulse may be topping out. If the local low breaks, bears could regain full control with eyes on a move back to the impulse base.
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Penafian
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Join the Free Trading Group
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Stay sharp, trade smart.
— Team The Alchemist ⚔️
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Unlock Blofin Bonuses
Trade with perks & support the community!
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Stay sharp, trade smart.
— Team The Alchemist ⚔️
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.