Will TRUMP prices soon explode? Converging range ignites directional choice!

Recently, prices have stabilized around 13.3, with noticeable high-level fluctuations. The short-term is entering a critical consolidation phase, and a new trend could erupt at any time.

The 4-hour chart shows: prices hovering near the middle band of the Bollinger Bands, with short-term trends stabilizing and trading volume decreasing, forming a typical convergence pattern. After multiple attempts to break 13.5, selling pressure remains, and volatility is building up.

On the daily chart, prices are holding above the support at 13.0, with the 20-day moving average forming a defense line at 13.18; a break below may weaken the trend. The upper 10-day moving average at 13.6-13.7 presents resistance.

Short-term trading advice:

Entry point at 13.3, initial target at 13.5, then aiming for 13.75, with a stop loss set at 13.

Are you ready for the explosion?