$TRUMP Updated Technical Analysis 🔍
📊 Key Metrics:
• Current Price: $71.17 (+161.17%)
• 24h High: $77.24
• 24h Low: $27.25
• 24h Volume: $21.44B
• Market Cap Rank: #14
📰 News Impact:
1. Pro-Crypto Policies Expected:
The new administration is set to unveil favorable crypto regulations, reducing barriers for blockchain innovations and fostering adoption.
2. Hype Surrounding Inauguration Day:
Speculations about $TRUMP coin being officially endorsed or integrated into the administration’s digital strategy are fueling market excitement.
3. Large Inflows Detected:
Money flow analysis shows net inflows of $5.51M in the last 24 hours, reflecting strong buyer interest ahead of tomorrow.
🔼 Technical Indicators:
1. Volume Surge: Buy-side volume ($62.83M) is outpacing sell-side ($57.32M), signaling bullish momentum.
2. Momentum: The price rally from $27.25 to $77.24 confirms a strong upward trend.
3. Resistance Levels: $75.35 → $80.00 🚀
4. Support Levels: $65.00
🎯 Bullish Targets for Inauguration Day:
• Immediate Target: $80.00
• Secondary Target: $90.00
⚠️ Key Risks:
• Overbought conditions (RSI likely >70).
• Profit-taking during high volatility could lead to sharp corrections.
🌟 Suggested Strategy:
• Entry near $71–$73 with a tight stop-loss at $65.
• Take partial profits at $80 and let the rest ride toward $90, depending on the inauguration’s market impact.
