$TRUMP

Technical Analysis – TRUMP/USDT (4H)

Current Price: $12.90 (+1.81%)

Overview: The currency is in a consolidation phase after a downtrend that reached a bottom of $12.13, showing mixed technical signals leaning towards caution with slight positive indications.

Technical Indicators:

Moving Averages:

The price is above MA7 and MA99 (positive).

Still below MA25 at $13.15 (a nearby resistance to watch).

Relative Strength Index (RSI):

RSI(14): 46 — Momentum is weak and has not yet entered the overbought territory.

MACD:

Still below zero with convergence in the lines, which may indicate a potential bullish crossover.

Support and Resistance:

Support: $12.13

Resistance: $13.15 — then $13.82 if broken

Conclusion:

The currency shows some stability but still needs a clear break above $13.15 with higher trading volume to confirm the start of a new upward wave. Breaking support at $12.13 could bring the price back to lower levels.

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