Analysis of Currency $TRUMP on the Daily Frame
Long-Term Targets
📆 Timeframe: 1D (Daily)
🎯 Targets:
Target 1: $14.00
⚠️ A clear resistance level formed at the end of May
Target 2: $17.80
A historical resistance level and a primary target from the June correction, a selling pressure is expected upon reaching.
Target 3: $22.00
A high volatility area with high liquidity, representing the previous peak before the sharp correction – it may attract strong liquidity and intense profit-taking.
🛡️ Support Zone:
$9.80 – $10.50
A key daily support area. Any successful retest means the possibility of continuing the upward trend.
📌 Quick Note:
The overall trend is still upward as long as the price maintains a daily close above $10.00.
Trading volume is high, and the RSI is nearing the overbought zone – ⚠️ Watch closely near resistances.