• Current price and market data: ..
- Current price: 11.46 dollars.
- Highest price in the last 24 hours: 12.16 dollars.
- Lowest price in the last 24 hours: 11.11 dollars.
- Market capitalization: 2.28 billion dollars.
- Trading volume in the last 24 hours: approximately 109.51 million dollars.
- General trend: bearish as the price decreased by 4.99% over the past day.
• Technical analysis: ..
- Strong resistance: 12.50 dollars - 13.00 dollars.
- Strong support: 11.00 dollars - 10.50 dollars.
- MACD indicator: indicates a bearish trend .. where the signal line has dropped below the 50-period average, indicating ongoing selling pressure.
- Moving averages: the price is still below the 50-day and 200-day moving averages, indicating that a trend reversal has not been confirmed yet.
• Trading recommendations for day traders: ..
Entry point: 11.20 dollars ‹ If a rebound is confirmed from this level ›.
• Take profit: ..
- First target: 12.00 dollars.
- Second target: 12.50 dollars.
- Third target: 13.00 dollars if resistance is broken.
- Stop loss: 10.80 dollars.
• Overview and conclusion: ..
- The TRUMP coin is currently in a bearish direction with strong resistance at 12.50 dollars. Trading at support levels may be: .. a short-term opportunity for day traders, but caution is advised due to the volatile market conditions ..
• If you want to invest for the long term, it is better to monitor liquidity movements and any political news that may affect the currency price … |
• Follow us for more updates … 🔥