for the moment it is totally bearish. I see it at 32 and there it might bounce a bit, but for now bearish, if it breaks 32 it will go to 27 and if it breaks that, goodbye
Aron Jack
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Trump Coin: $20 or $100? The Next Big Move is Brewing!
Trump Coin (TRUMP/USDT) has been stealing the spotlight, and all eyes are on its next major price move. With strong momentum and a technical setup signaling a potential breakout, the big question is: will it hit $100? Let’s dive into the analysis.
Technical Breakdown Trump Coin is forming a symmetrical triangle pattern, a classic indicator of an impending breakout. This setup, characterized by converging lower highs and higher lows, suggests growing tension between buyers and sellers. A breach of the resistance line could trigger a sharp rally.
Key Chart Observations:
1. Strong Uptrend: Trump Coin’s bullish momentum before the triangle formation signals robust buying pressure.
2. Breakout Potential: Symmetrical triangles often result in continuation moves. With prior bullish momentum, an upside breakout is more likely.
3. $100 Target: The triangle's height projects a surge to $100, marking an ambitious but achievable milestone.
Why $100 Isn’t Just a Dream
Bullish Sentiment: Trump Coin’s growing popularity and strong community support create the perfect storm for a meteoric rise.
Volume Surge: Breakouts from triangle patterns typically see massive spikes in trading volume, amplifying price action.
Historical Trends: Coins with powerful narratives often experience exponential growth. Trump Coin could follow this trajectory.
Hold or Sell? For current holders, patience could pay off big time. The technicals and sentiment suggest the next breakout could be monumental. Selling too early might mean leaving substantial gains on the table.
While $20 may be a short-term milestone, all signals point toward $100 being within reach. Trump Coin’s next move could cement its place in crypto history.