🚀 TRUMP is about to launch for the last summit?! 🚀
💡 Quick technical analysis:
✅ Potential rebound? After falling to $7.57, it seems that the price has formed a potential bottom and is starting to show some consolidation – this is usually a signal for the beginning of accumulation.
✅ RSI is very low! At 33.76, which means the currency is close to oversold areas – we might see a bullish rebound soon!
✅ MACD is approaching a positive crossover!
🚀 Expected scenario:
If TRUMP breaks the $7.85 level, we may see a surge towards $8.30 and even retest the peak at $8.79.
However, if the support at $7.57 is broken, the $7.30 level could be the last defense point before a deeper correction.
7.74
-0.12%
📊 Supporting indicators:
Momentum is very low – which opens the door for a sudden move (volatility spike)
Stochastic K at 25.86 → also a sign of a near reversal
Trading volumes have started to stabilize → indicating the presence of accumulation during the calm before a strong move
🎯 Expectations for the next move:
Gradual rise towards $8.10 if the $7.57 support is maintained
The positive scenario is conditional on a clear breakout of the $7.85 area
💬 My personal opinion:
TRUMP is at a pivotal moment – the drop has provided a strong buying opportunity at the bottom, and now the technical indicators suggest an upcoming explosion. It is still a good time to enter but with caution, especially with the RSI and MACD approaching bullish signals.
📢 Do you expect TRUMP to return to $8.79? Or are we facing a temporary trick?