Trump Coin (TRUMP/USDT): What's the Next Play?
Looking at the chart, Trump Coin hasn't been having a great time lately. It's down 8.45% at 12.59 USDT, and the chart's telling us a story of a coin struggling to find its footing.
What We See:
Downtrend: The price is consistently falling, as you can see from the red candles and the overall downward slope.
Other basic Indicators like Bollinger Bands, RSI, MACD and Volume are also suggesting bearish trend. TRUMP is not oversold, which indicates further downward move
What's the Next Move?
-For most traders, especially if you're not a risk-taker, the smart move right now is to stay away from Trump Coin. The chart is screaming "downtrend," and trying to catch a falling knife can be dangerous.
-Wait and See: It's best to wait until the chart shows some signs of a reversal.
-Set Alerts: If you're still interested, set price alerts for key levels. If it breaks below the recent low of 12.02, it could fall further.
-Don't FOMO: Don't jump in just because you see a small green candle. The overall trend is still down.
Disclaimer: This is not financial advice. Trade carefully and do your own research.