$TRUMP watch out for key movements to gain some short term profits.
1. Current Price & Resistance Levels:
• The price is at $9.48, with a recent high of $10.67.
• Resistance can be seen around $9.87 - $10.67, which must be broken for further upside.
2. Moving Averages (MA):
• MA(7) = $9.45 (yellow) is above MA(25) = $9.21 (pink), indicating a short-term uptrend.
• MA(99) = $9.87 is acting as a potential resistance. A breakout above it could signal further upside.
3. Indicators:
• RSI(6) = 63.65, meaning momentum is strong but not yet overbought.
• Stoch RSI = 94.40, suggesting overbought conditions in the short term, which could lead to a pullback before further movement.
4. Volume Analysis:
• 24h volume (USDT) = 93.35M is relatively high, which supports price movement.
Can It Reach $11 - $12?
• If the price breaks $10.67 with strong volume, it could move toward $11 and $12.
• However, failure to break above $9.87 - $10.67 could lead to a retracement.
• Watch for consolidation above $9.87 and volume increase as confirmation of bullish strength.