$TRUMP Technical trend analysis:
General trend: The chart shows a strong rise followed by fluctuations around 29.50-30.50 USDT levels.
Strong resistance: 30.50 USDT (if broken, we may see a new rise).
Strong support: 29.00 USDT (if broken, the price may decline).
Relative Strength Index (RSI): around 53.77, indicating a neutral zone (neither overbought nor oversold).
Trading volume: high, indicating a strong interest in the currency.
Market trend:
Buy: 41.37%
Sell: 58.63% (indicates slight selling pressure)
Recommendations:
If 30.50 USDT is broken, there may be an opportunity to buy with a target of 32-35 USDT.
If it breaks 29.00 USDT, there could be a downside correction towards 27.50 USDT.
Day traders can take advantage of the current volatility between 29.50-30.50 USDT.