$TRUMP

15‑minute candlestick chart for the TRUMP/USDT meme coin on Binance. A few quick observations from what’s on‑screen:

Price & 24 h stats

Current price: $11.70 (up ≈ 25 % in 24 h)

24 h range: $9.13 – $16.17

24 h volume: 86.8 M TRUMP (≈ $1.11 B in USDT turnover)

Chart setup (15‑minute candles)

Moving averages shown:

MA 7 (yellow) ≈ $11.92

MA 25 (magenta) ≈ $12.16

MA 99 (purple) ≈ $11.81

The price has recently pulled back to kiss the MA 99 after a steep decline from the $14 – 15 zone.

There’s a descending wedge/triangle forming; the last low tagged $11.56 and bounced slightly.

Volume & momentum

Volume bars alternate red/green with some big spikes, hinting at active intraday trading but no clear dominance.

RSI (6) shows ~28—deep in oversold territory on this short timeframe, suggesting a potential short‑term bounce if buyers step in.

What this might imply (purely technical, not advice)

Support zone: $11.5 – $11.3 (where MA 99 and prior low converge). If that breaks convincingly, next psychological support is around $10.5.

Near‑term resistance: first at the MA 25 (~$12.1‑12.2), then the descending trendline near $12.5‑13.

Oversold bounce potential: With RSI crushed and price testing long MA support, scalpers sometimes look for a relief rally; confirmation would be a candle close back above MA 7 with rising volume.

Risk: Meme coins are notoriously volatile and headline‑driven; manage position size and set clear invalidation levels if trading.