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 area Upside targets: 50% retracement at 14.096 78.6% retracement at 15.134 The 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 12.45 Targets: 14.096 and 15.134 SL: Below 12.15 for a conservative risk management approach This idea focuses on the potential for a short-term reversal in a larger consolidation phase, supported by clear Fibonacci and horizontal confluence.