Chatgpt: Confirmation for TRUMP/USDT
To confirm a breakout, watch for:
1. Break above the blue trendline – This would signal a bullish move.
2. Increased volume – A strong breakout needs high buying volume.
3. Retest of the breakout level – If price successfully retests the breakout level and holds, it confirms a trend reversal.
My Opinion
Bullish Case (Green Arrow): If TRUMP/USDT breaks above resistance with strong volume, it could see a rally. Possible short-term target: $30+.
Bearish Case (Red Arrow): If it fails to break resistance and falls below the recent low, the downtrend may continue.
Final Thoughts
Wait for confirmation before entering a trade. If it breaks out with volume, it could be a good buying opportunity. If not, it may drop further.
Do you plan to trade it?
$TRUMP
