- TRUMP sits inside a major demand block that has formed the base for earlier upward shifts and now creates a new reversal setup.
- The chart shows a clear, rounded pattern forming near support with projected upside levels at $14 and $18 for the next rally wave.
- The falling structure breaks near the demand area and creates a strong probability zone for a move toward higher long-term targets.
TRUMP entered a major reversal zone this week as the price moved into a wide demand block that sits near the lower edge of the current structure. The chart shows a rounded pattern forming at the base while the price holds near $6.40, which has acted as a key long entry region. Traders now track upside targets at $14.095 and $18.422 as the chart displays early signs of a macro bounce.
Price Holds Inside a Major Long Zone
The chart shows that TRUMP moved through several months of downward action before reaching the current demand block. This area forms a broad support zone where the price reacted earlier during the decline. The latest structure shows that buyers entered the market as the price tested the lower region of the demand block.
A rounded formation sits near the base and signals a possible shift in direction. This curve forms as candles create small swings that tighten near the lower range. The structure appears inside the demand region, which increases the weight of the formation.
The lower trend line also meets the demand block and creates a cluster that many traders view as a high-value zone. The price now compresses between the falling trend line and the horizontal support band.
Reversal Pattern Points Toward Higher Levels
The chart shows two projected targets above the current market. The first target sits at $14.095, which aligns with a previous consolidation region. The second target sits at $18.422, which marks a higher resistance zone created earlier in the cycle.
The rounded pattern supports the idea of a possible breakaway from the falling trend line. The curved projection on the right side of the chart outlines a possible path toward the first target. This structure appears in patterns where price transitions from a long decline to a new upward expansion.
The falling wedge also narrows near the lower boundary. This shape often forms near the late stages of extended downtrends. When the price breaks out of such structures, it often moves toward the range marked by earlier support or resistance clusters.
Current Structure Creates a High-Probability Setup
The chart message states that TRUMP is inside a major reversal zone. This statement aligns with the position of the price inside the demand block. This zone acted as strong support earlier and now appears again as a long entry region.
The posted targets show clear levels for the next upward attempt. The first zone at $14.095 sits near the midpoint of the earlier distribution. The second zone at $18.422 sits closer to the upper range of the earlier breakdown area.
This setup raises one central question. Will the current demand zone create enough strength for TRUMP to reach the $14 and $18 targets shown on the chart?
