The $TRUMP /USDT pair has experienced a massive surge of +153.80%, skyrocketing to $69.16 after touching a high of $70.00 in the past 24 hours, with a strong recovery from $27.25 as its 24-hour low.
The pair has displayed significant bullish momentum, reflected by a strong green candlestick on the weekly chart.
Support and Resistance Levels:
Immediate Resistance: $70.00 (recent peak). A breakout here may lead to further upward potential.
Next Major Resistance: $75.00 (psychological level and speculative target for continued bullishness).
Immediate Support: $62.00-$63.00 range, likely where traders may defend recent profits.
Critical Support: $54.00-$55.00, where buyers could re-enter if the price faces retracement.
Next Move Prediction:
Bullish Scenario: If TRUMP/USDT sustains above $65.00, it may re-test $70.00 and potentially aim for $75.00 or higher, driven by high trading volumes.
Bearish Scenario: A fall below $62.00 could signal profit-taking, pushing prices toward $55.00 or the $50.00 zone.
Given the incredible price action, traders should closely monitor volatility and volume. Setting stop-loss orders is advised to manage risk during potential retracements.
$TRUMP fully buy strong