$TRUMP
Analyzing the expected resistances and supports:
1. Upward resistance (Resistance):
Nearest resistance level:
$30.50 - $31: This is the first level that the price needs to break to start rising towards $32. If the breakout occurs with strong trading volume, we may see a move towards a higher level.
Next resistance:
$32: If the price succeeds in reaching this level, it may face strong resistance due to it being a psychological and technically important level.
Higher resistance:
$35: It is considered a strong resistance level if the price exceeds $32, as it was a reversal area previously.
2. Downward support (Support):
Nearest support level:
$28.50 - $29: This level is currently supporting the price, and if broken, the price may enter a deeper decline phase.
Next support:
$25: Strong support level and potential retracement area if the price continues to decline.
Lower Support:
$22-23: If the market loses momentum significantly, the price may drop to these levels.
