FARIA LIMER
--
📊 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.
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.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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