Technical analysis by Mohammad_Mirdehghan about Symbol TRUMP: Buy recommendation (5/28/2025)

Mohammad_Mirdehghan

The TRUMP/USD pair is consolidating near the strong horizontal support zone at 12.45–12.15, aligning with the 61.8% Fibonacci retracement of the previous bullish leg.🔹 Key Levels & Scenario:Support zone: 12.45–12.15 – price has repeatedly tested and held this areaUpside targets:50% retracement at 14.09678.6% retracement at 15.134The pair is showing early signs of stabilization, suggesting a potential rebound toward these Fibonacci levels if the support holds.📉 Invalidation:A decisive daily close below 12.15 would invalidate the bullish bias and open the door for deeper retracement.📌 Trading Plan:Watching for price action signals (candlestick reversal or breakout) above 12.45Targets: 14.096 and 15.134SL: Below 12.15 for a conservative risk management approachThis idea focuses on the potential for a short-term reversal in a larger consolidation phase, supported by clear Fibonacci and horizontal confluence.