💡 Quick technical analysis:
✅ Strong rebound from support! After dropping to $8.30, TRUMP saw a clear rebound to $8.64, indicating increasing buying interest at the bottom levels.
✅ RSI is trending upward! The Relative Strength Index (RSI) is at 60.66, reflecting strong positive momentum without entering overbought territory – there is still room for more rise!
✅ Positive MACD crossover! A clear upward crossover in the MACD indicator at 0.01, enhancing the likelihood of the beginning of a new upward wave.
✅ The stochastic indicator is encouraging! A bullish crossover in the KDJ indicator where K reached 60.62 and J reached 94.66, which is an additional signal of an imminent upward movement.
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🚀 Expected scenario:
If TRUMP manages to break through the nearby resistance at $8.70 - $8.80, we could see a quick return to the $9.00 levels and then $9.36. However, if there is a pullback, $8.30 remains a critical support area to watch closely.
$TRUMP
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🔥 Is $TRUMP on the verge of a new explosion?! With momentum rising and positive technical indicators, this could be the beginning of a strong upward wave on the horizon! Are you ready to ride the wave? 🌊🚀
📢 Share your predictions! Are we seeing a breakout above $9.00 soon?👇