Cryptonic_Signals
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Bullish
$TRUMP SIGNAL ALERT 🟢✨️✨️✨️
$TRUMP is forming a falling wedge pattern on the 1-day timeframe, a bullish reversal setup that typically signals the end of a downtrend and the start of a significant upward move as price consolidates between converging trendlines. This pattern suggests buyers are gaining control, setting the stage for a potential breakout.
The current price sits at $10.959, down -0.58% (-0.064) in the last 24 hours, with a 24-hour range of $10.381 to $11.233. Despite the slight daily dip, the wedge’s lower boundary near $10.959 aligns with strong support, while volume at 52.45M $TRUMP (565.45M USDT) indicates sustained interest. RSI at 50 shows neutral momentum, leaving room for a bullish push if the pattern resolves upward.
Key levels to watch include $12.965 (recent high) and $13.500 if the breakout confirms, with $10.381 as critical support. The 34.10% 30-day gain underscores longer-term potential, despite the -19.98% weekly drop.
A break above the wedge’s resistance could ignite a strong rally!
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DYOR
dr_mt
$TRUMP is forming a falling wedge pattern on the 1-day timeframe, a bullish reversal setup that typically signals the end of a downtrend and the start of a significant upward move as price consolidates between converging trendlines. This pattern suggests buyers are gaining control, setting the stage for a potential breakout.
The current price sits at $10.959, down -0.58% (-0.064) in the last 24 hours, with a 24-hour range of $10.381 to $11.233. Despite the slight daily dip, the wedge’s lower boundary near $10.959 aligns with strong support, while volume at 52.45M $TRUMP (565.45M USDT) indicates sustained interest. RSI at 50 shows neutral momentum, leaving room for a bullish push if the pattern resolves upward.
Key levels to watch include $12.965 (recent high) and $13.500 if the breakout confirms, with $10.381 as critical support. The 34.10% 30-day gain underscores longer-term potential, despite the -19.98% weekly drop.
A break above the wedge’s resistance could ignite a strong rally!
Follow me
DYOR
dr_mt
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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