🚨 Technical Analysis – $TRUMP on the 4H Chart

▪️ Price is currently trading around a strong support zone at $12.30–$12.00, a level that has held multiple times in the past.

▪️ There’s clear selling exhaustion and difficulty breaking below this support, suggesting a possible short-term bounce.

▪️ 50 and 200 EMAs are still pressing from above, but price is attempting to stabilize above $12.30 — a potential early sign of accumulation.

▪️ RSI is climbing out of the oversold zone and turning upward, reinforcing the case for a possible rebound.

📌 Possible Scenarios:

🔼 If price holds above the support and we start seeing bullish candles with confirmation, a strong rebound could push $TRUMP toward the $12.90–$13.10 area — a known resistance zone from previous price action.

🔽 However, if price breaks below $12.00, we could revisit the $11.40–$11.00 range. In that case, it’s better to wait for clear reversal signals before considering any entries.

💡 Quick Note: This area has historically acted as a demand zone — watch closely for volume spikes and bullish reversal patterns.

⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice.$TRUMP

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