Technical Analysis of TRUMP/USDT (15m Chart)
1. Price Trend:
TRUMP/USDT is in an uptrend, currently trading at $13.99, near the 24h high of $14.00.
The price is making higher lows and higher highs, indicating strong bullish momentum.
2. Moving Averages (MA):
MA(7): $13.87 (Short-term support)
MA(25): $13.62 (Medium-term support)
MA(99): $13.31 (Long-term support)
The price is above all key moving averages, reinforcing bullish sentiment.
3. Support & Resistance Levels:
Support: $13.17, followed by $12.41.
Resistance: $14.52 (recent high). A breakout above could lead to further upside.
4. Volume & Market Sentiment:
Increased volume during the recent upward move suggests strong buying pressure.
If volume remains high, a push past $14.52 is possible.
5. Potential Next Move:
If TRUMP breaks $14.00-$14.52, it could rally higher.
If rejected, expect a pullback to $13.62 or $13.31 before another push up.
Conclusion:
Bullish Bias: Strong momentum, with a chance to break above $14.52.
Watch for volume confirmation—if buying pressure continues, TRUMP/USDT may test new highs.