Technical analysis by Traders_Notes about Symbol TRUMP on 11/7/2025

After a sweep into the capitulation zone below the April lows, the price has returned to the resistance area of the descending channel. A classic range breakdown–retest structure is forming, with price now consolidating within the resistance zone — a typical accumulation phase before a potential breakout. Further movement may turn into an impulse, depending on the broader market context — either breaking out of the channel or retesting lower levels once more. 📊 Watch the price reaction in this zone — it will define the next medium-term move.