Here's a concise technical analysis of $TRUMP /USDT on the 4H chart:
📍 Current Price: $10.18
🔄 Change: +0.49%
🕯️ Recent Pattern: Weak bounce after strong downtrend
🔍 Indicators & Trend Analysis:
MA 7 (Short-Term): $10.05
MA 25 (Medium-Term): $10.47
MA 99 (Long-Term): $10.82
🔻 Price is below all major MAs, indicating bearish structure remains intact
Price Action:
Short-term relief bounce from sub-$10 region
Currently struggling below MA 25, which acts as resistance
No strong follow-through after recent green candles — low conviction rally so far
📊 Key Levels:
Resistance:
$10.47 (MA25)
$10.80–11.00 zone (MA99 and supply barrier)
Support:
$10.00 (psychological + local bounce level)
$9.60 – if $10 fails again, likely to revisit
⚠️ Outlook & Trade Idea:
This bounce needs confirmation — especially a close above $10.50 to negate the short-term downtrend
Otherwise, it's just a dead cat bounce within a larger bearish move
Avoid chasing unless $10.50 flips support — then $11.00 becomes viable
📌 Conclusion:
TRUMP is trying to recover, but the chart still screams caution. Unless bulls reclaim the 25/99 MA levels, any move is likely to get sold into.
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!