$TRUMP
🚨Trump Coin Price Analysis: Could T1 Speculation Spark a Surge?🚨
The Trump Coin price may be gearing up for a revival, with an unresolved falling wedge pattern breakout and selling pressure starting to show its cracks.
While post-breakout momentum had stalled—leading TRUMP into a descending wedge since the mid-April market bottom—a bullish continuation could now be brewing.
The relative strength hovers around the oversold threshold in the low 30s, a reading which typically precedes reversals as sell pressure exhausts, opening the door to a bullish takeover.
TRUMP now approaches a critical retest of the 0.236 Fibonacci level at $9.30—the same price floor that triggered its last bounce.
If buy pressure returns, Trump could crawl to retest the channel’s upper boundary, with a potential breakout zone around the 0.786 Fibonacci extension level at $14.40.
Particularly as the MACD line moves in close parallel with the signal line, creating a fragile balance between buyer and seller dominance.
A successful breakout of this channel resistance could fulfill the long-brewing wedge pattern, targeting a measured move to $20—a 110% rally from current levels.
However, if $9.30 does not prove a reversal point, the next key support lies 25% lower at $7.15—a bearish case with the potential to invalidate the channel structure.
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