TRUMP/USDT Analysis: What’s Next?
Currently trading at $36.18, TRUMP has experienced a 13.53% drop in the last 24 hours. Here’s a breakdown of the current situation:
Key Levels to Watch:
📉 Support: $35.19 — If this level breaks, we could see further downside.
📈 Resistance: $36.37 — Breaking above this could lead to a bullish move.
Technical Indicators:
MA(50): Acting as a potential support at $35.85.
MA(200): Currently at $36.24, suggesting consolidation around this range.
Volume: Reduced volume indicates low momentum, but any spike could lead to a breakout or breakdown.
What’s Next?
Bullish Scenario: A breakout above $36.37 could lead to a short-term rally.
Bearish Scenario: A break below $35.19 could trigger a sell-off.
Your Thoughts?
Will TRUMP head up or down next? Share your opinion in the comments!