It should also be noted that the friends of Trump, like Ilon Musk, will pump the asset when there is a long trend in the market; Trump will also rise.
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The technical analysis of the TRUMP coin shows that its peak price was only once in all time on the day of Trump's inauguration at the level of 75 dollars. At this peak level, there are sellers, and they constitute a resistance level. This resistance level is very weak as it lasted only a couple of hours and only once in all time, and immediately sharply fell from this level to the lower level where the price is located for the overwhelming majority of the time formed by buyers! The lower level is called the support level, which is very strong because it has lasted so long! Crypto whales and financial experts are looking for new coins like the TRUMP coin with a very strong support level and a very weak resistance level to buy this coin, as the price may drop below such a strong support level in case of changes in the entire US stock market, which is extremely rare and unlikely. On the contrary, rising much above the resistance line for this coin will not be difficult due to the weakness of the resistance level and a sufficiently insignificant positive news regarding the US or Trump, and the price of the TRUMP coin will soar.
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