Date: Tue, June 24, 2025 | 09:20 AM GMT
The cryptocurrency market is showing strong signs of recovery as geopolitical tensions between Israel and Iran ease, sparking renewed optimism. Ethereum (ETH) has jumped by 6%, now climbing back above the $2,400 mark. Memecoins are also catching fire again — and Official Trump (TRUMP) is among the standout gainers.
TRUMP has surged 7% in the past 24 hours, and its chart is now flashing a major bullish signal — the emergence of the “Power of 3” pattern, often associated with smart money accumulation and big breakout moves.
Power of 3 Pattern in Play
On the 4-hour chart, TRUMP is forming what looks like a textbook “Power of 3” setup, a technical pattern made up of three distinct phases: Accumulation, Manipulation, and Expansion.
Accumulation Phase:
From late April to early June, TRUMP moved within a tight sideways range between $10.40 and $16. This low-volatility zone was likely where large players were accumulating positions quietly. The price action formed a well-defined rectangle, showing balance between buyers and sellers.
Manipulation Phase:
On June 5, TRUMP saw a sharp drop below range support, falling to as low as $8.30. This sudden breakdown was likely a “stop hunt” — a move to shake out weak hands and trap short sellers. This phase fits the typical manipulation leg of the Power of 3 formation.
What’s Next for TRUMP?
After touching the lows, TRUMP has bounced strongly and is now reclaiming the key $9.30 zone. If it continues upward and breaks the $11.13 resistance — the previous mid-range — the expansion phase may be underway. A further breakout above the $16 zone, which served as range highs during accumulation, would confirm the full bullish structure.
If this setup plays out fully, TRUMP could be heading toward a projected target of $23.70 — implying a potential gain of 155% from current levels. This level is based on the height of the accumulation range extended upward from the breakout zone.
However, the structure must hold key levels. $8.30 remains the critical support — any strong breakdown below that would invalidate the pattern and shift bias back to bearish.
For now, all eyes are on the $11.13 resistance. A breakout there, backed by volume, would likely signal that the expansion phase is gaining traction.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
The opinions and market insights shared on CoinsProbe represent the views of individual authors based on prevailing market conditions at the time of publication. Cryptocurrency investments carry significant risk and volatility. Readers are encouraged to conduct their own research and seek professional financial advice before making investment decisions. CoinsProbe and its contributors do not accept responsibility for financial losses or decisions made based on published content.
CoinsProbe may publish sponsored articles, affiliate links, or promotional collaborations. All sponsored material is clearly labeled to maintain transparency with our audience. Our editorial decisions remain fully independent, and advertising partnerships do not influence reviews, rankings, or published opinions.
Since 2023, CoinsProbe has delivered reliable insights on cryptocurrency, blockchain, and digital assets. Our content is created by experienced researchers and analysts who follow strict editorial standards focused on accuracy, transparency, and credibility. Every article is carefully reviewed and verified using trusted sources and current market data. We provide unbiased analysis and timely updates covering everything from emerging crypto projects to major industry developments.
