Indeed, it broke the downtrend with a 4-hour candle that closed above the trend, and I believe, God willing, that the currency was created to compete with major currencies. If we study Trump’s personality, we will find that he created a currency to compete with Bitcoin.

Risk Analysis $TRUMP ! 🚨
Traders are usually hesitant to conduct technical analysis on a brand new coin. But I wanted to set myself apart and give it a try. My analysis is based on the 30-minute chart - it is understood that a longer time frame is not practical for a coin that is only a few days old.

Looking at the chart, we can see an inverse Elliott wave pattern with legs 1-2-3 completed. This pattern is accompanied by the formation of a descending valley. According to the Elliott wave structure, legs 4-5 are expected to complete and A-B-C is expected to correct. While it would be safer to predict that leg C will end at the 0.786 Fibonacci level, I have the descending valley pattern in mind and expect an extended trend of leg C, which may end at the 1.618 Fibonacci level.

In short, seeing TRUMP reach $55 by the end of the month seems very reasonable. 📈
Let's see how things develop! ⏳#TRUMPTokenWatch #crypto2025 #BinanceAlphaAlert #VeThorOnBinance #Trump2024 $TRUMP