At the moment, TRUMP/USDT is trading around $8.91 ๐ด, showing slight pressure with a daily change of -0.45%. The token has seen its 24h high at $9.16 โฌ๏ธ and 24h low at $8.88 โฌ๏ธ, indicating that price is consolidating in a narrow range.
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๐ Key Observations from the Chart ๐
1๏ธโฃ Strong Resistance Zone โ Around $9.50 โ $10.00 ๐ง, buyers have struggled to push higher. Breaking this level is crucial for the next bullish move.
2๏ธโฃ Support Levels โ The coin has strong support near $8.50 โ $8.70 ๐ก๏ธ. If this breaks, price could revisit the $7.20 โ $7.50 zone โ ๏ธ.
3๏ธโฃ Historical High โ Recently, TRUMP touched $16.44 ๐ฏ, but since then, a consistent downtrend has pulled the price almost -45% ๐.
4๏ธโฃ Volume Analysis โ Current trading volumes ๐ are lower compared to the big rally days, showing weaker buying momentum.
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โณ Short-Term Outlook (Next Few Days)
If price stays above $8.80 support ๐ข, we can expect sideways consolidation between $8.80 โ $9.50.
A break above $9.50 ๐ฅ with good volume could push TRUMP towards $10.70 โ $12.00 ๐.
On the other hand, if $8.80 support fails โ, price might test $7.50 โ $7.00 again.
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๐ Medium-Term Outlook
Trend is still bearish compared to the $16.44 peak โฐ๏ธ, but the market is trying to stabilize โ๏ธ.
To confirm a reversal ๐, TRUMP needs to close above $10.70, which could attract fresh buyers ๐ฐ and open doors toward $12.80 โ $14.00.
Until then, volatility ๐ช๏ธ will remain high, and traders should be cautious โ ๏ธ.
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โก Conclusion
TRUMP/USDT is currently in a make-or-break zone ๐น๏ธ. The $8.80 support is key in the short-term. If it holds โ , a bounce back toward $10+ is likely ๐ฏ. But if it breaks โ, the price could slide toward $7.00 โฌ๏ธ.
๐ Traders should watch the $9.50 resistance ๐ง and $8.80 support ๐ก๏ธ closely for the next big move.
