📈 Analysis and forecast on $TRUMP : further prospects? 🚀
As of May 31, 2025, 15:08 EEST, the rate $TRUMP on Binance is $10.76, down 6.5% in the last 24 hours. The trading volume for the day is around $50M, and the market capitalization is $2.15B (with a circulating supply of 200M TRUMP). The decline is related to a correction following the hype around the dinner with Trump and overall market instability.
Technically, $TRUMP in a downward trend. On the 4-hour chart, the price is testing support at $10.50 after breaking through $11.80. RSI (14) around 38, close to oversold, and MACD confirms bearish momentum. Key resistance is $12.50, a break above may push the price to $14.00. A drop below $10.50 will intensify pressure down to $9.50.
Forecast: by the end of May, TRUMP may consolidate in the range of $9.50–$12.50 on low volumes. By July 2025, a rise to $15.00 is possible if political news turns positive. By the end of the year, the target is $20.00, assuming a market uptrend. Long-term potential for 2026 is $30.00+, if support for Trump strengthens. Fundamentally, $TRUMP depends on political events, but its speculative nature is a risk.
Further prospects? The price of $10.76 is close to support at $10.50, and RSI at 38 hints at a rebound. A drop of 6.5% in 24 hours is a signal for caution, but growth to $12.50–$14.00 is possible on a reversal. Set a stop-loss at $9.50. Market sentiment is mixed: optimism meets concerns of a correction. Keep an eye on news and volumes — the market is volatile! #TRUMP #Binance #CryptoAnalysis
