Official Trump ($TRUMP), a meme coin tied to political stories, recently gained attention after soaring to $16.42 at the end of April before returning to key support levels. As volatility subsides, traders are now watching whether May will bring stability or the next breakout.
Daily TRUMP price chart: Fibonacci recovery or pause?
After soaring from $7.15 to a local high of $16.42, TRUMP has entered a structured pullback currently testing the average of the Fibonacci retracement levels. The daily chart highlights the current price hovering near the Fib 0.5 level at $11.79, with strong support seen just below in the 0.618 zone near $10.69.
Price action is forming a base between $10.89 and $11.20. While the 0.236 level at $14.23 has proven to be a strong resistance, the pullback so far has been orderly, maintaining the medium-term bullish narrative as long as $10.69 holds.
TRUMP price chart structure 4H: Trendlines, S/R Zones & Monitoring breakdown
The 4-hour chart of TRUMP has broken out from a local ascending wedge near $14 and entered a corrective channel. Important horizontal support between $10.90 and $11.20 has absorbed most of the recent selling pressure. The coin is currently trading within a larger downtrend resistance capped at $12.55–$12.90.
A move above this trendline could trigger a recovery back towards $14.14. Meanwhile, strong horizontal demand lies around $10.20–$10.50, where previous breakout levels align with new base building. Until this breakout is confirmed, traders are monitoring a consolidation range with a slight downward trend.
TRUMP Price Prediction EMA & RSI: Multi-timeframe support layers
The 4H chart shows convergence of EMA supports:
EMA 50 at $11.81
EMA 100 at $11.83
EMA 200 at $11.28
The price is trying to reclaim the EMA 50 line after dropping below the EMA 200 during the decline on May 3. RSI has risen from an oversold level near 28 to 33.77, indicating early signs of a momentum reversal. However, RSI still needs to overcome the 40–45 range for stronger trend confirmation.
TRUMP Price Prediction Bollinger Bands and MACD: Contracting but steady
The upper Bollinger Band on the 4H chart is contracting after breaking from $16.00. The price is currently just below the baseline ($11.96), with the lower band support at $10.29 limiting downside risk.
The MACD chart shows red momentum decreasing while the MACD line and the signal line are flat below the zero axis, indicating that the downward momentum is waning but a clear reversal has yet to occur. A crossover above zero is needed to confirm an upward trend.
Fib structure and May outlook: Reclaiming key values or oscillating?
Fibonacci retracement levels from the April run show:
0.236 = 14.23 dollars
0.382 = 12.88 dollars
0.5 = 11.79 dollars
0.618 = 10.69 dollars
Currently oscillating around the 0.5–0.618 region, this Fib average zone is crucial. A daily candle close above $12.88 will bring buyers back into control, potentially pushing prices up to $14.23–$16.40. However, if the price is rejected from $12.55 or lower, it will prolong the consolidation process or risk a drop to support levels of $9.00–$10.20.
Price forecast table for $TRUMP – May 2025
