TRUMP/USDT (Binance) - Gann Analysis & Key Levels 📊 Market Overview: TRUMP was able to break out from a descending trendline. The price recently touched a key support zone around $14.46 and is now showing some signs of recovery.
🔍 Technical Breakdown:
Resistance Levels:
$17.68 - First level of resistance $19.38 - Psychological resistance $23.07 - $27.08 - Strong resistance zone in case of a breakout Support Levels:
$16.02 - Holding above this could confirm bullish momentum $14.46 - Key support; losing this level could trigger further downside 🚀 Potential Scenarios: 🟢 Bullish Case: If TRUMP maintains above $16.02, it could challenge $17.68, with a potential rally toward $19.38+. A confirmed breakout could push the price toward $23-$27 range.
🔴 Bearish Case: Failure to hold above $16.02 may lead to a retest of $14.46. If this level breaks, a deeper correction toward $12 could be expected.
⚠️ Key Takeaway: The trend is at a critical turning point. If bulls sustain momentum, a trend reversal could push TRUMP toward $20+ in the coming days. However, losing $16 support would weaken the bullish case.
💬 What’s your take? Will TRUMP break out or continue the downtrend? 🚀