1. Current Price: The current price of TRUMP/USDT token is 57.32, with an increase of around 19.12% in the last 24 hours.
2. Moving Averages (MA):
MA(7): 58.69 (yellow line) shows the average price over the last 7 periods.
MA(25): 52.45 (pink line) shows the average price over the last 25 periods.
The intersection of the MA(7) line above the MA(25) indicates a short-term bullish trend. However, the current price is below the MA(7), which could indicate a potential short-term correction.
3. Volume: The trading volume looks quite high with a total volume of 304,279,385. This high volume supports significant price movement.
4. Support and Resistance Levels:
Support: The previous support level is around 35.75, which is seen from the lowest level in the last 24 hours.
Resistance: The highest level in the last 24 hours was 77.24, which could be a resistance level.
5. MACD and Other Indicators: MACD data is not shown here, but if you are using MACD, watch for a bullish crossover signal (the MACD line crosses the signal from below) or a bearish crossover signal.
Conclusion:
The short-term trend appears to be bullish, but there are signs of a potential short-term correction.
Watch support and resistance levels to determine potential entry or exit points