#TRUMP
📊 Technical Analysis: TRUMP Token Overview (As of April 24, 2025) 📊
Greetings, Creators! Dive into our latest technical deep‑dive on the TRUMP token—your go‑to guide for making informed moves in the market. 🚀
1. Price Action & Trend
Current Price: $11.88
Trend: In a steady uptrend since early Q1 2025, forming higher highs and higher lows on the daily chart.
2. Key Support & Resistance
3. Chart Patterns & Indicators
Moving Averages:
50‑day SMA at ~$11.00—price is comfortably above, signaling bullish momentum.
200‑day SMA at ~$9.80—long‑term trend remains intact.
RSI (14): ~62—neutral to slightly bullish, well below overbought.
MACD: Bullish crossover occurred in mid‑April, histogram expanding positively.
Chart Pattern: Ascending triangle forming—breakout above $13.25 could trigger a measured move to ~$15.00.
4. Volume Analysis
Volume has consistently increased on up‑days, confirming buyers are in control.
Recent pullbacks have been on lower volume, suggesting weak selling pressure.
5. Trading Strategy
Aggressive Entry: Buy on breakout above $13.25 with target ~$15.00 and stop‑loss at ~$12.00.
Conservative Entry: Wait for pullback to $11.50–$11.80 range near the 50‑day SMA for a better risk/reward, targeting $13.25.
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Disclaimer: This is for informational purpose only. Do your own research before investing!