$TRUMP
🔍 Technical analysis$TRUMP (timeframe D1)
1. 📌 Chart and levels (see screenshot):
Main levels:
🔴 27.26 — pump zone. Starting level
🔴 17.00 — high of the previous month, which we almost reached
🔴 12.30 — mirror level (key)
🟢 8.78 / 7.48 — accumulation / bottom zone
Fact: April 23 — breakout at 12.30, then the shadow above 13.59, but the body of the candle below the level (12.04).
2. 📊 RSI (Relative Strength Index):
RSI D1 is currently 63.61, was on the verge of overbought (70) — this means that buyer energy may have exhausted.
The previous acceleration on RSI started from the 30–40 zone (oversold) → clear confirmation of accumulation before the pump.
3. 💣 Volume:
Strong volume on breakout level — over 4.7M. This is a classic sign of a pump.
But! After a pump, there often follows a "pullback" or a complete return to the accumulation zone.
🚀 What is a pump and how does it work:
A pump is a rapid artificial increase in the asset's price over a short period, usually accompanied by a large number of purchases from participants who fear "missing out". Then comes the dump — selling off the asset by those who bought it earlier.
🧠 Insight: such movements are often initiated by market makers or large players. They lack fundamentals.
🧩 Point of uncertainty:
Level 12.30 — mirror level, currently key.
If today's closing of the day is above 12.30 — the probability of a retest at 17.00 opens up.
If the close is below — the false breakout is confirmed, and the price may return to the zone 10.00–8.78.
❌ No forecast — "grandpa's" coins are not fundamentally analyzed:
"Grandpa said — go ahead. Grandpa said again, but not that — so it went the wrong way. After that, it doesn't matter..."
Trading in such coins is like roulette. The main thing is a clear plan, not belief in grandpa's promises.
🧭 Conclusion:
🔑 We observe the closing of the day — will it be above the level of 12.30.
⚠️ The coin shows signs of a pump + false breakout.📉 If today's candle closes below — the scenario of returning to accumulation is almost guaranteed.
