📈 TRUMP price situation in the past 24 hours
• Current price: $15.02 USD
• 24-hour volatility: Decreased 2.41% compared to yesterday
• 24h trading volume: Approximately $1.72 billion USD
• Highest price in 24h: $15.79 USD
• Lowest price in 24h: $14.92 USD
🔍 Short-term technical analysis
• Nearest support level: $14.90 USD
• Nearest resistance level: $15.80 USD
• RSI (14) indicator: Currently at 53, indicating the market is neither overbought nor oversold
• 50-day EMA: $13.50 USD
• 100-day EMA: $12.80 USD
• 200-day EMA: $11.90 USD
📌 Short-term futures trading strategy (next 24 hours)
✅ Scenario 1: Bullish
• Condition: Price breaks above the resistance level of $15.80 USD with increased trading volume
• Price target: $16.50 USD and $17.00 USD
• Stop loss: $14.80 USD
❌ Scenario 2: Bearish
• Condition: Price breaks below the support level of $14.90 USD with increased trading volume
• Price target: $14.20 USD and $13.50 USD
• Stop loss: $15.50 USD
📰 Events and information related to Official Trump (TRUMP)
• Strong growth: TRUMP has risen over 70% in the past week, from about $7.54 to $15.47, before a slight correction.
• Event “Dinner with Trump”: Information about the dinner with the president has boosted the value of TRUMP, but also raised concerns about conflicts of interest.
• Token unlock: A token unlock worth $120 million is scheduled for May 1, which may impact the value of TRUMP.
• Institutional investment: Trump Media has signed agreements with partners to develop crypto-related products and ETFs, expanding TRUMP's influence.
⚠️ Important note
• The cryptocurrency market is highly volatile; ensure to use risk management tools like stop-loss and avoid excessive leverage.
• Monitor news related to TRUMP and political events, as these factors can significantly impact the currency's value.