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.
Source: Coinmarketcap 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.
Official Trump (TRUMP) 4H Chart/Coinsprobe (Source: Tradingview) 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.
