$TRUMP is currently trading at approximately $13.24 USD, experiencing a decline of about 5.23% in the last 24 hours. The price has been fluctuating between $12.79 and $14.23, indicating a period of consolidation.
Technical indicators present a mixed outlook. The Relative Strength Index (RSI) is hovering around 50, suggesting that TRUMP is in a neutral zone—not overbought nor oversold. The Moving Average Convergence Divergence (MACD) shows a slight bullish crossover, hinting at potential upward momentum.
For those considering a long trade, a confirmed breakout above the $14.23 resistance level with increased volume could signal a bullish trend continuation. Conversely, a drop below the $12.79 support level might present a short trade opportunity, targeting lower support zones.
Beginner traders should exercise caution during such consolidation phases. It's essential to wait for clear signals before entering a trade and always employ proper risk management strategies, such as setting stop-loss orders to mitigate potential losses.
Buy and Trade here $TRUMP