**š¹ Technical Analysis of TRUMP Using Candlestick Patterns š¹**
The **TRUMP** token has experienced a strong **16.19%** increase in the last 24 hours, with the current price at **15.29 USDT**. Based on candlestick analysis, several key signals indicate possible future movements.
š **Candlestick Insights:**
ā **Strong bullish candle:** Suggests solid buying momentum and market control by buyers.
ā **Candles with long lower shadows:** Indicate attempts to push the price down, but buyers regained control.
ā **Bullish Engulfing pattern:** If followed by high trading volume, it could signal further upward movement.
š **Support & Resistance Levels:**
- **Key support:** **12.94 USDT** ā If a correction occurs, this could be a bounce-back level.
- **Resistance:** **16.44 USDT** ā A confirmed breakout above this level could push prices even higher.
ā ļø **Suggested Strategy:**
- Monitor trading volume to confirm bullish momentum.
- Wait for a new candle closing above resistance before entering a trade.
- Apply risk management to avoid sudden market swings.
š¬ Do you expect the uptrend to continue, or will a correction happen soon? Share your thoughts!
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This analysis is not financial advice but rather a technical perspective based on market data. Always conduct personal research and consider multiple sources before making investment decisions. š