📉 Current Situation (Dominant Bearish Signals)
| Indicator | Value | Significance |
|--------------|-----------|-----------------------|
| Price | $12.34 | Decrease -2.99% |
| MA(7) | $12.66 | Price < MA7 (Bearish) |
| MA(25) | $13.01 | Price < MA25 (Downtrend) |
| RSI(6) | 35.64 | Almost Overbought (still above 30) |
📍 Key Support and Resistance Levels
| Level | Type | Importance |
|-------------|-------------|------------------------|
| *$13.00 | Resistance | MA25 Cross + Sell Area |
| $12.66 | Resistance | MA7 (Immediate Limit) |
| $12.00 | Psychological Support | Initial Buying Area |
| $11.71 | Strong Support | MA99 (Best Buying Zone) |
📊 Detailed Indicator Analysis
1. Moving Averages (MA):
- Bearish MA(7) < MA(25) → Negative Short-Term Trend
- Price is below all MAs except MA(99) ($11.71) → Weak bullish momentum
2. RSI Indicator:
- RSI(6) at 35.64 is a potential oversold signal but uncertain (needs to break 30).
3. Volume and Trading:
- Decreasing trading volume ($8.12M in 24 hours) → Weak liquidity reinforces the drop.
- Dominance of Sell Orders (USDT: -100.81M) → Continuous Selling Pressure.
📉 Expected Scenarios (Daily Frame)
- Base Scenario (70%)
- Continued drop towards strong support $11.71 (MA99)
- Technical rebound from this level if accompanied by high trading volumes.
- Secondary Scenario (30%)
- Breaking $11.71 and reaching price $10.00 (historical support).
📈 Trading Recommendations
| Strategy | Action | Stop Loss | Profit Target |
|----------------|----------------------------|-------------|-------------|
| Short Traders | Sell on Rebound $12.66 | Above $13.00 | $11.71 |
| Long Traders | Buy at $11.71 | Below $11.50 | $13.00 |
> Warning
> - TRUMP classified as "Meme Coin" → Unpredictable sharp volatility.
> - Trading volume is low → High liquidity risks.
📉 Illustrative Chart of Predictions
📉 Dominant Bearish Trend
Resistance 13.00 ────────⛔────── MA25 + Sell Area
Resistance 12.66 ─────────🟡───── MA7 (Sell Limit)
Current price 12.34 ────🔴─────
Psychological support 12.00 ────⚠️─────
Strong support 11.71 ─────💥📈── MA99 (Buying Zone)
Next support 10.00 ──────────
Summary:
The currency is in a downward correction phase with a lack of near reversal signals. Entering a buy at $11.71 (with confirmation of a rebound) is the safest. Monitor trading volumes and market news for potential surprises due to the nature of "Meme Coin."
