📊 Updated chart analysis of memecoin $TRUMP – 1-hour chart. (Quick read), (like, follow and share, thanks).

Current price: $20.47 (+24.57%)

Period high: $21.43

Period low: $15.83

24h volume: 8.31M

🔹 Trend and support/resistance

• The price shows a strong recovery after touching the 15.83 region, an important support.

• The main resistance in the short term is at 22.64, the previous rejection level.

📈 Technical Indicators

• Moving Averages (EMA 5, 10 and 30 periods):

• EMA 5: 19.88

• EMA 10: 19.09

• EMA 30: 17.63

• Short-term EMAs are crossing upwards, suggesting positive bullish momentum.

• MACD:

• MACD is positive, with DIF (1.037) above DEA (0.687), indicating increasing buying pressure.

• RSI (14 periods):

• 77.145 → Overbought region, signaling that there may be a correction soon.

• Volume:

• Volume has increased in the last few candles, reinforcing the bullish momentum.

🔎 Points of attention

📌 Strong support: $15.83

📌 Important resistance: $22.64

Despite the significant increase, the high RSI suggests the possibility of correction before a new attempt to break the resistance.

If the price surpasses 22.64, it may seek higher levels. Otherwise, it may correct to test support before a new upward movement.

$TRUMP remains volatile and speculative, requiring caution and attention to the next candles!

This analysis is not a buy indication.