#DiversifyYourAssets $TRUMP Follow the main news alongside the technical analysis, especially with the upcoming major token release event!
The **TRUMP/USDT** pair is in a strong bullish phase, but the high **RSI** indicator warns of a potential temporary correction. It is advisable to monitor support and resistance levels to enter informed trades.
**The right time to enter:**
- For short-term traders: wait for a break above **8.23** to enter bullish.
- For long-term investors: wait for a correction towards **7.80-8.00** to buy at better prices.
**Expectations:**
- If the price breaks above **8.23**, it may target **8.50** or higher.
- If it drops below **8.00**, it may return to test support at **7.77**.
**Current performance:**
- The price is at **8.22** with an increase of **+2.37%**, indicating a strong upward trend.
- Nearby resistance at **8.23**, and if broken, the pair may experience significant gains.
- Strong support at **7.77**, making it a good buying level in case of a pullback.
**Technical indicators:**
- Moving averages show a strong buy signal, as the **short average is above the long averages**.
- The **RSI at 77.74** indicates potential overbought conditions and the likelihood of a short correction.
- The **MACD is positive**, supporting the continuation of the bullish momentum.
**Trading volume:**
- Reached **74.5K**, which is below the recent average, but the technical indicators bolster the likelihood of continuing upward.
