đ $TRUMP Technical Analysis Snapshot đ
Letâs dive into the recent price action on the 4-hour chart of $TRUMP /USDT and see what the indicators are telling us about potential next moves. đ
1. Breakout & Trend Momentum
Recent Rally: After drifting around $7.50â$8.00 for weeks,$TRUMP ploded above resistance and rocketed from sub-$8 to a peak of $15+ on heavy volume. Thatâs a 100%+ gain in just days! đ
Volume Surge: The giant green volume bar accompanying this move shows strong buyer conviction. Volume SMAs have jumped to 3.5 million+, signaling genuine FOMO in the market. đĽ
2. Moving Averages Alignment
Short-Term MA (7) @ 11.36 has crossed well above
Medium MA (25) @ 9.28, which is riding above
Long-Term MA (99) @ 8.32
This classic âstair-stepâ alignment confirms a powerful uptrend. As long as price holds above the 7-period MA, the bulls remain in charge.
3. RSI â Overbought but Not Out of Ammo
RSI(14) @ 73.4 sits firmly in overbought territory (>70). While this warns of overheated conditions, it doesnât automatically spell reversalâespecially in strong uptrends.
Healthy Pullback? We could see consolidation or a brief retracement toward the 11.36 level (7-MA) before another leg up.
4. MACD â Bullish Continuation Signal
MACD Line (1.06) > Signal Line (0.66) with a rising histogram (0.39) indicates expanding bullish momentum.
No sign yet of a bearish crossover, so the trend could continue its ascent.
đŻ Key Levels to Watch
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Support: $11.36 (7-MA), then $10.00 round-number
Resistance: Recent high near $15, psychological barrier
Pivot Zone: $12.00â$12.50, where price is now consolidating
