Technical Analysis of the $TRUMP/USDT Coin

📊 Overview

Current price: $8.67

Variation of the day: -2.36%

Maximum in 24h: $8.95

Minimum in 24h: $8.30

Volume (24h):

TRUMP: 6.22 million

USDT: 53.61 million

📉 Current Trend

The coin is in a downtrend on the daily chart.

The three EMAs (exponential moving averages):

EMA(7): 9.11

EMA(25): 10.15

EMA(99): 12.49

Are aligned in a descending order, indicating a downward trend in the short, medium, and long term.

🔍 Candle Analysis

The price dropped from $17.75 to $8.67, with a recent low at $7.14, showing strong volatility.

Recent candles show small wicks and a dominant red body, indicating selling pressure.

🔻 Indicators

Decreasing volume — a sign of loss of strength from both buyers and sellers.

Variations by period:

7 days: -13.65%

30 days: -31.79%

90 days: -25.39%

The price continues to depreciate in recent weeks.

🟠 Supports and Resistances

Nearby support: $7.14 (last relevant low)

Nearby resistance: $10.15 (EMA 25) and psychological zone of $10

Critical region: between $8.00 and $9.00

📌 Market Sentiment

Order book:

Buyers: 46.81%

Sellers: 53.19%

The trend is more selling in the short term.

📉 Technical Conclusion

The chart suggests caution for new investments.

Wait for confirmation of a bottom or breakout of the EMA(25) to consider a reversal.

Ideal for very short-term trading (scalp), but not recommended for swing trading or holding while the downtrend persists.