Trump price outlook
On the 4-hour TRUMP price chart, the RSI is currently at 81.5, indicating that the meme coin is in overbought territory. While this suggests bullish enthusiasm, it also raises the risk of a correction as short-term traders may book profits ahead.
Bollinger Bands show that TRUMP is trading near the upper band, suggesting strong buying pressure. However, consistent price movement outside the band may point to a potential pullback.
If the price moves down to mid band (20-day SMA), traders could see support around $12.20, with a stronger floor at $10.80.
Meanwhile, the MACD line remains above the signal line with the increasing histogram bars, hinting growing strength in the uptrend. For now, key resistance lies near $15.50, a psychological barrier.