$TRUMP chart on the 15-minute timeframe shows a recent pullback after reaching a high of $17.39, now trading at $16.27. The price is holding near the 99-period MA ($16.26), with the 7-period MA ($16.31) acting as immediate resistance. Despite a strong bullish push earlier, the declining momentum suggests a potential consolidation phase. If support at $16.21 holds, a rebound toward $16.45 is possible. However, increased sell pressure at 52.87% may drive the price lower toward $16.00. A confirmed breakout above $16.37 could reignite bullish momentum, while failure to hold above key support may lead to further downside. Traders should monitor volume for directional confirmation.
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