The TRUMP coin is experiencing a clear decline of -6.10% as it is currently trading at $11.24 after recording a daily high of $12.11 and a low of $10.86.
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🔍 Technical Indicators:
🔹 RSI = 17.08 → In a strong oversold area, indicating a potential near-term rebound if strong support emerges.
🔹 MACD = -0.09 and DIF = -0.41 → Negative crossover, reinforcing the continuation of the bearish trend in the short term.
🔹 Trading volume is still relatively high, indicating interest but with sellers currently in control.
🔹 Stochastic K = 22.13 → In an oversold area, may indicate the nearing end of the downtrend and the start of a technical rebound.
✅ Buy the coin by clicking on the coin name $TRUMP
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📈 Recommendation:
🔹 Watch area for buying: $10.80 – $11.00 where it could be a potential support area and an excellent entry opportunity if reversal signals appear.
🔹 First Target (TP1): $12.50
🔹 Second Target (TP2): $13.80
🔹 Stop Loss (SL): Close below $10.50
✅ Buy the coin quickly by clicking on the coin name $TRUMP
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🔔 Note: Although the current trend is bearish, the technical indicators in the oversold areas are clear. If the price holds above the support at $10.80, we may witness a strong rebound in the coming days.
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💬 Summary: The TRUMP coin is undergoing a sharp correction, but the technical indicators suggest that the selling pressure may soon end. It is advisable to monitor the support areas for entering short to medium-term buy positions.
