🚀 Analysis and forecast for $TRUMP : is it time to exit? 📈
As of May 20, 2025, 15:19 EEST, the price of $TRUMP (Official Trump) on Binance is $13.39, with a 7% increase over the last 24 hours. The trading volume for the day is around $110.75M, and the market capitalization is $2.67B, reflecting high interest in the meme coin associated with Donald Trump. The increase may be due to political news and overall activity in the PolitiFi segment.
Technically, $TRUMP is in a complex phase. On the 4-hour chart, the price recently pulled back from resistance at $14.25, forming a descending triangle, indicating a possible bearish continuation. The RSI (14) at 52 shows neutral dynamics, but recent lower highs since April (peak $77.24) strengthen the bearish sentiment. Key levels: support at $12.20, resistance at $14.25. A drop below $12.20 could lead to a decline to $10.50, while a breakout above $14.25 would open the way to $16.00.
Forecast: in the short term (until the end of May), TRUMP may test $12.20 due to current consolidation, but positive news (for example, related to Trump) could push the price to $17.00 by July 2025. The long-term target for 2026 is $60.58, assuming a bullish market, according to CoinCodex analysis.
Is it time to exit? After a 7% rise and the current price of $13.39, it may be worth taking some profits, especially considering the risk of a correction to $12.20. Set a stop-loss at $12.00 for protection. For long-term investors, holding with a target of $16.00–$17.00 is justified, but keep an eye on news and technical levels. #TRUMP #Binance #CryptoAnalysis
