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💡 Quick technical analysis:
✅ Strong and accelerating rise: the price rose from levels near 7.48 to a peak at 16.17 before experiencing some pullback and stabilizing around 13.71, indicating the formation of a strong support base.
✅ RSI at 75.13 – this indicates relative overbought conditions, but the positive momentum remains, especially with the price staying above the moving averages.
✅ MACD shows a positive crossover (DIF: 1.22 above DEA: 1.08) supporting the continuation of the bullish momentum in the short term.
📊 Trading volume is relatively high compared to previous stages, enhancing the likelihood of a strong move and indicating traders' interest in the pair.
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🚀 Expected scenario:
If the price succeeds in breaking the current resistance area between 14.00 – 14.43, we may see a quick move towards:
✅ 16.17 (Previous peak test)
✅ And if broken: 18.50 – 20.00 could be the next short to medium-term targets.
In the case of a correction, the first support is at 13.00 then 11.66, and breaking them could temporarily bring the pair back towards 10.00.
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🔥 Is TRUMP on the brink of a new leap?
Technical indicators show that buyers are still in control, but caution is necessary due to the RSI reaching high levels. Any increase in volume could trigger a new upward wave!
📢 Share your opinion! Do you think TRUMP will reach 20 soon?
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📌 Important tips:
🔹 Don't ignore overbought indicators – scaling positions and taking partial profits may be wise.
🔹 Support at 13 and 11.66 is very important to determine the stop-loss.
