The price of Trump has dropped to $18.80 (-2.49%), though it recently rose to $19.61.
• The sharp jump to $19.61 followed by a correction may indicate profit-taking by traders.
• RSI (Relative Strength Index): Values of 37.06 (6), 45.61 (12), and 48.55 (24) – the market is already close to the oversold zone, which may lead to an upward bounce.
• MACD: The lines are beginning to curl downwards, but there is currently no strong signal for a continuation of the decline.
• Volumes: The sharp spike in trading volume during the rise to $19.61 indicates high activity, but the current decline shows that some traders have exited their positions.
Currently, the situation appears uncertain. If the price holds above $18.50, a new upward bounce is possible. However, if it breaks below $18.50, it may continue to decline.
Are you planning to buy or are you already in position?$tr