$TRUMP
Technical Analysis for 3-hour timeframe:
General Trend:
Similar to 4-hour timeframe, but momentum seems weaker.
The price is retesting nearby resistance areas.
Supports:
Support 1: $29.
Support 2: $28.
Resistances:
Resistance 1: $30.50.
Resistance 2: $31.50.
Technical Indicators:
Volume is relatively lower on this timeframe compared to 4-hour timeframe.
The price needs strong momentum to break through the resistance levels.
Conclusion:
Short-term trend: Bearish sideways.
Positive scenario: If the price manages to break $30.50 with strong volume, it may target $32.
Negative scenario: If the price breaks $29, we may see a drop towards $28 and possibly lower.
Note: Keep following the volume and candlestick movements in key areas to confirm the trend.
