This is not financial advice, just a technical perspective. $TRUMP

๐Ÿ” Technical Overview (4H Chart)

  • Current Price: $11.51

  • 24H Low / High: $11.15 / $12.53

  • Trend: Downward trend over the last several days, with a recent bounce off the $11.15 support level.

  • Volume: 24H volume is relatively high (12.06M TRUMP), indicating active trading.

๐Ÿ“‰ Bearish Indicators

  • Price has dropped from a recent high of $16.00 to $11.51.

  • Overall, thereโ€™s a consistent series of lower highs and lower lows, which suggests continued bearish momentum.

  • The asset is down ~26% over 7 days and ~16% over 30 days, which is steep and indicative of selling pressure.

๐Ÿ“ˆ Bullish Hints

  • Price bounced off $11.15, forming a potential short-term support.

  • Small green candle after hitting the local low could indicate some buying interest or relief rally.

  • If $11.15 holds, we could see a bounce back toward the $11.80โ€“$12.20 range in the short term.

๐Ÿ“… Next 24 Hours: Price Prediction

Scenario Likely Range Probability

Bearish $10.80 รขโ‚ฌโ€œ $11.15 60%

Neutral/Sideways $11.20 รขโ‚ฌโ€œ $11.80 25%

Bullish Rebound $11.80 รขโ‚ฌโ€œ $12.20 15%

๐Ÿ“Œ Key Levels to Watch

  • Support: $11.15 โ†’ If broken, next support could be around $10.80โ€“$10.50

  • Resistance: $11.80โ€“$12.20 โ†’ Needs to break and hold above to shift trend.

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