🚨 TRUMP Coin Maintains Uptrend, Outlook Remains Bullish 🚨
Current Price: $12.77 (-1.61% 24h)
The TRUMP/USDT pair continues to trade within a rising channel on the 4-hour chart, suggesting ongoing bullish momentum. After starting its climb from around $8.50, the meme coin has been consistently making higher highs and higher lows. Despite a slight pullback, fresh buying has helped reinforce the upward trend.
While the price briefly tested the lower end of the channel, it quickly recovered, a typical pattern as traders lock in profits. The near-term resistance lies around the $14.00 mark, and the trend remains positive as long as TRUMP holds above this support.
The Relative Strength Index (RSI) currently sits at 65.51—still in bullish territory but no longer overbought, following an earlier reading above 70. This healthy digestion of gains signals that buyers are still in control as long as RSI doesn’t fall below 50.
The Awesome Oscillator (AO) also supports the bullish case, remaining above the zero line. Although there's been a slight dip in momentum, the trend hasn’t reversed. A renewed AO uptick would further strengthen the bullish outlook.