Analysis of TRUMP/USDT pair
1. Price overview
Current price: 10.45 USDT
Daily change: -2.34% (slight decline)
Highest price in 24 hours: 10.73 USDT
Lowest price in 24 hours: 9.54 USDT
Trading volume (TRUMP) in 24 hours: 18.54 million
Trading volume (USDT) in 24 hours: 189.46 million
2. Chart analysis
Overall trend:
The price was in a downtrend, dropping from 11.59 USDT to 9.54 USDT and then rebounding again.
Currently trading around 10.45 USDT, with attempts to stabilize after the correction.
Technical indicators:
Relative Strength Index (RSI = 54.47): indicates a neutral area, meaning no strong buying or selling pressure.
MACD indicator: shows a slight positive crossover (0.04), which may indicate weak bullish momentum.
Support and resistance levels:
Strong support: around 9.54 - 9.89 USDT
Resistance: at 10.73 - 11.59 USDT
3. Trading tips and strategy
✅ Short-term speculation:
If you are a day trader, you can enter at support levels (9.89 - 10.00 USDT) and sell at nearby resistance (10.70 - 10.80 USDT).
Monitor liquidity and trading volume, as meme-based coins can be highly volatile.
✅ Medium-term trading:
Wait for a clear breakout above 10.80 USDT with strong trading volume before making a new buy decision.
Place a stop loss below 9.50 USDT to avoid significant risks.
✅ Caution with volatility:
Meme coins are often influenced by news and tweets, so monitor related news carefully.
Do not invest more than you can afford to lose, as this type of coin can move very quickly in either direction.
Summary:
The price is currently in a rebound phase, but has not yet confirmed a strong bullish trend. If you are a long-term investor, wait for stronger confirmations. If you are a speculator, use technical levels to determine entry and exit points.