Looking at the TRUMP/USDT chart, several important technical indicators are observed:
The price shows a clear bearish trend, with a series of lower highs and lower lows. The moving averages are positioned in a bearish manner.
Indicators
Trading volume is decreasing
Technical indicators at the bottom of the chart show oversold
Recent red candles indicate significant selling pressure
Outlook
Although the asset is in the oversold zone, which could suggest a technical bounce, the overall structure remains bearish. To consider a trend change, we would need to see:
Break of the bearish trend line
Significant increase in volume
Bullish crossover of the moving averages
At the moment, the probability of a sustained recovery is limited until clear reversal signals are seen. Caution is recommended and waiting for technical confirmations before taking bullish positions.
