Analyzing 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 bearishly.
Indicators
The trading volume is decreasing
The technical indicators at the bottom of the chart show oversold conditions
The recent red candles indicate significant selling pressure
Outlook
Although the asset is in oversold territory, which could suggest a technical rebound, 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
For 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 is advised.
