Hey Binance Square fam! š
The meme coin sensation, $TRUMP, is making waves again! After a successful breakout from its descending channel and a solid retest, analysts are eyeing a 20% rally toward the $17 mark. Let's dive into the details:
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š Current Market Snapshot
Current Price: $14.02 - $14.18
24H Change: +0.91% to +4.41%
Market Cap: $2.83 - $2.85 Billion
24H Trading Volume: $1.55 - $1.68 Billion
Circulating Supply: 199.99 Million TRUMP
Max Supply: 999.99 Million TRUMP
Source: Binance Square
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š Technical Analysis Highlights
Breakout Confirmation: $TRUMP has broken above its descending channel and successfully retested the breakout zone, indicating strong bullish momentum.
Resistance Levels:
R1: $14.80
R2: $16.17 (All-Time High Zone)
R3: $17.00 (Target)
Support Levels:
S1: $13.00
S2: $12.00
Source: Binance Square
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šÆ Trade Setup
Entry Zone: $13.70 ā $14.10
Take Profit Targets:
TP1: $15.20
TP2: $16.50
TP3: $17.00
TP4: $18.50
TP5: $20.00
Stop Loss: Below $12.00
Source: Binance Square
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š§ Market Sentiment
The $TRUMP token, launched on January 17, 2025, on the Solana blockchain, has seen significant interest and trading activity. Its association with former President Donald Trump and the meme coin culture has fueled its popularity. The recent technical breakout suggests potential for further upside.
Source: Wikipedia
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ā ļø Disclaimer
This article is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions.
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Stay tuned for more updates on $TRUMP and other trending assets!
#Crypto #TRUMPUSDT #BinanceSquare #MemeCoin #TradingAnalysis