$TRUMP Coin Price Analysis: Could a Peace Deal Be a 10x Catalyst?🚨
A peace deal could act as a market-warming catalyst for TRUMP, potentially helping it break free from the falling wedge that has guided its decline since the late-May peak.
A potential ceasefire has pushed momentum bullish for the first time since May, with the MACD line surpassing the signal line in a golden cross as an early indication of a trend reversal.
Momentum has flipped bullish for the first time in weeks, with the MACD line crossing above the signal line in a golden cross—an early sign of a potential trend reversal.
The RSI has also bounced from oversold territory at 30, signalling seller exhaustion. However, it has since plateaued at 36 following news that the ceasefire has been broken.
This bullish momentum coincides with a critical bounce from the wedge’s lower support, aligned with a historic accumulation zone near the $9.30 level—the 0.236 Fibonacci retracement.
This zone intersects with the pattern’s upper resistance trendline, forming a confluence zone for a potential breakout.
If bulls can defend this level and spark a breakout, the next technical target lies near the 0.786 Fibonacci level—representing a potential 60% gain from current prices.
While a peace deal could open the door to upside, a 10x remains a distant target with the current setup, particularly without active participation from speculators.
However, if $9.30 is lost, the next major support sits at $7.15—about 20% lower—mirroring the mid-April market bottom and likely invalidating the bullish reversal narrative.
#NextFedChairCandidate #BTC110KToday? #BinanceAlphaAlert #MarketRebound #TRUMP