#TradingAnalysis101

The TRUMP/USDT chart on Binance shows a sharp decline from a peak of 77.24, now consolidating around $10.47. A descending trendline (marked in pink) indicates persistent selling pressure. The RSI at 29.10 suggests oversold conditions, hinting at a potential reversal if buyers step in. Volume has declined, reflecting weak momentum. The moving averages (MA5 and MA10) remain above the price, reinforcing bearish sentiment. Support is near $9.54, while resistance lies at $14.60 (EMA 25). If $9.54 breaks, further downside is possible. A breakout above the descending trendline could signal recovery. Traders should monitor volume and RSI for confirmation before taking positions.