Monthly Technical Analysis for TRUMP Currency | April 2025
The TRUMP currency experienced notable movements during April, influenced by political and economic events coinciding with the approach of the U.S. elections. Here are the highlights recorded in price during this month:
1. Price Performance:
The currency opened the month at [Enter Opening Price], reached a peak of [Enter Monthly High], before returning to test its support at [Enter Main Support].
The volatility ratio exceeded [e.g., 35%], reflecting strong speculative activity.
2. General Trend:
The overall trend remains bullish on the daily timeframe, with continued formation of higher peaks and higher troughs.
The upward trend line is still respected, providing dynamic support to the price.
3. Key Technical Levels:
Monthly Support: [Enter Important Support Levels]
Major Resistance: [Enter Resistance Levels] – tested multiple times without clear breakthrough.
Watch Zone: between [Enter Price Range], any break or breakthrough from it may determine the price path in May.
4. Technical Indicators:
The RSI is trading near the 60 level, indicating moderate bullish momentum.
The MACD shows weakness in momentum, which may suggest a potential correction or sideways fluctuation soon.
