God damn Trump and Melania

Technical Analysis of $TRUMP
The chart in front of us shows the (1-hour) pattern for the TRUMP/USDT trading pair

1. Current price:

The current price is 36.09 USDT, down -14.05% over the past 24 hours.

Low price in 24 hours: 35.19 USDT.

High price in 24 hours: 42.82 USDT.

2. Indicators used:

Bollinger Bands:

The price is moving close to the lower limit (DN: 35.27), indicating strong selling pressure.

The middle line at 37.45 represents the first resistance, while the upper limit at 39.63 may be the target in case of a rebound.

MACD:

DIF value (-1.16) and MACD (-0.05) indicate a continuation of the downtrend with weak momentum.

The absence of a positive crossover shows that sellers are currently dominant.

RSI (6):

At 36.49, the indicator is in the near oversold zone, which means that there is a possibility of a rebound if buyers enter.

3. Support and resistance levels:

Main support: 35.19 USDT (24-hour low).

1st resistance: 37.45 USDT (Bollinger middle band).

2nd resistance: 39.63 USDT (Bollinger upper band).

4. Volume:

24-hour volume is 33.23M, indicating high interest but with strong selling pressure.