🚨 $TRUMP Coin: Trend Reversal or Dead Cat Bounce? 🔥
After hitting an all-time high (ATH) of $75.35 in January, Trump Coin ($TRUMP) has seen a major correction, now trading at $13.34 (+2.85%). But with fresh inflows and increasing volume, is a bullish reversal on the horizon? Let’s dive in! 📊
🔹 Market Overview:
📈 Price: $13.34 (+2.85%)
💰 Market Cap: $2.68B
🔥 Fully Diluted Valuation: $13.38B
🔄 24H Volume: $1.01B (37.76% of market cap)
🔝 ATH: $75.35 (Jan 19, 2025)
📉 ATL: $6.24 (Jan 18, 2025)
🔹 Money Flow Analysis (1D):
🟢 Buy Orders: 20.27M TRUMP
🔴 Sell Orders: 17.77M TRUMP
📊 Net Inflow: 2.50M TRUMP → Buy pressure increasing!
🔹 Technical Analysis:
✅ Support Levels: $12.00 - $12.50
❌ Resistance Levels: $14.50 - $16.50 (MA25)
📉 MACD Crossover Approaching: Potential trend reversal
📊 RSI Neutral (~45): Not overbought, room to grow
🔹 Bullish Signs:
✔️ 24H Money Inflow Surge (Peaked at 1.73M TRUMP)
✔️ Increasing Trading Volume → Market interest rising
✔️ Buy Orders Outweigh Sells → Accumulation phase?
🔹 Bearish Concerns:
⚠️ Still in a Downtrend: Needs to reclaim $16.50+ to confirm bullish momentum
⚠️ Market Dominance Only 0.094% → Still a small player
⚠️ Short-term Resistance at $14.50-$16.50
🚀 The Big Question: Is TRUMP Ready for a Breakout?
With strong inflows and fresh buying pressure, $TRUMP could retest $16.50 soon. But can it break the downtrend and reclaim $20+? What’s your take? Comment below! 👇🔥