GRAPHIC ANALYSIS $TRUMP - 02/02/2025. (quick and objective reading), (like, follow, comment, share).
(Warning: This is not a purchase recommendation or financial advice.) Do not buy memecoin!
📊 Analysis on the 15-minute chart:
The TRUMP/USDT memecoin has been attracting attention, but it is facing strong volatility.
The price fell from 27.86 to 18.55, marking a sharp retracement. Now, the asset is trying to recover and is operating in the 20.85 range.
🔹 📉 General Trend: Predominant downward movement, with frequent touches on the lower Bollinger band.
🔹 📈 Moving Averages: 5, 10 and 30-period EMAs still aligned downwards, indicating that the downward trend may not be over.
🔹 📊 Bollinger Bands: The price touched the lower limit and reacted, but is still below the average, with no confirmation of a solid reversal.
🔹 📌 RSI (14): At 56.98, it shows that the asset has left the oversold territory and may seek a balance zone.
🔹 📉 MACD: There is a possible bullish crossover forming, suggesting a slight increase in buying strength.
🔹 📢 Volume: Increase in volume in the last candles, which may indicate a decision moment in the short term.
🔎 Points of attention:
📌 Critical support: 18,557 – Region where there was a buying reaction.
📌 Resistances to be overcome: 21,366 - 21,649 – Possible rejection zone in the short term.
The market remains highly speculative and volatile, which requires attention to price and liquidity movements.
