Based on the current chart and indicators from the Binance TRUMP/USDT 1D timeframe, the price is likely to go down in the short term.
Technical Analysis Summary:
1. Price Movement & Candles:
Recent candles are showing indecision and slight bearish pressure.
Price is hovering just above the lower Bollinger Band midline (MB: 13.37), indicating weakening bullish momentum.
2. Bollinger Bands:
The price is trending toward the lower band (DN: 11.85), which often signals a bearish trend continuation unless a reversal candle appears.
3. MACD Indicator:
MACD Line (-0.18) is below the Signal Line (0.40), suggesting bearish momentum.
Histogram bars are red and gradually increasing downward, which supports a downward trend.
4. Volume:
Trading volume has decreased, which often indicates less buying pressure and potential for a drop.
Conclusion:
Given the weak momentum, bearish MACD crossover, and price sitting below the Bollinger Band midline, a downward movement in the TRUMP/USDT pair is expected in the short term.