TRUMP coin is currently trading at 12.79$ with a slight increase of +0.63%, after touching the highest daily peak at 13.07$ and the lowest level at 12.36$.
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🔍 Technical Indicators:
RSI (6) = 38.95 → indicates relative selling pressure, approaching the oversold area, which may allow for a near-term rebound if liquidity enters.
MACD = -0.01 with a slight negative crossover between the DIF and DEA lines → shows slight bearish momentum without confirmation of a clear reversal so far.
Moving Averages:
MA(5) = 30,360 compared to MA(10) = 65,940 → clear negative crossover, supporting the short-term bearish trend.
Stochastic Indicator:
K = 22.99 compared to D = 28.93 → in the oversold area, enhancing the likelihood of a near-term bullish rebound if price support occurs.
Trading volume: average at 4.02 million TRUMP, but does not show strong liquidity entry after the previous peak at 13.28$.
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📈 Technical Recommendation:
Potential buying area: between 12.30 – 12.60$, in case of continued selling pressure in the short term.
First Target (TP1): 13.00
Second Target (TP2): 13.50$ (in case of returning to test the previous peak).
Stop Loss (SL): 12.15$ to protect against breaking the last low of 12.36$.
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💬 Summary:
TRUMP coin shows a quiet correction after a strong rise, and with it entering oversold areas on RSI and stochastic, we may witness a near-term rebound if new liquidity enters. It is preferable to monitor the reaction around the level of 12.60$ to determine smart entry.
