Kemi Crypto reported, $TRUMP is currently trading at $10.14, showing a positive 24-hour change of +2.02%. The market capitalization is $2,029,056,702, ranking it #67 overall. A 24-hour volume of $376,558,910 suggests moderate trading activity. The overall trend is identified as bullish with moderate strength, indicating a positive sentiment within the market. The high data quality (91 data points) lends credence to the analysis.

Key Price Levels

Support: The primary support level is at $8.83. A break below this level could signal a weakening of the bullish trend and potentially lead to further price declines.

Resistance: The immediate resistance is at $9.74. Breaking above this level could trigger a move towards higher price targets. The upper Bollinger Band at $11.24 represents a significant resistance level.

Trading Insights

Short-term Outlook: The current technical indicators suggest a potential continuation of the bullish trend in the short term. A break above the $9.74 resistance could signal a move towards the upper Bollinger Band ($11.24).

Medium-term Outlook: Maintaining bullish momentum relies on sustained volume and a continued positive market sentiment. Failure to break above the $9.74 resistance could result in a pullback towards the $8.83 support level.

Potential Entry/Exit Points:

Entry: A potential entry point could be a slight pullback to around $9.80 (SMA 20) or even a retest of the $9.74 resistance, provided the bullish momentum remains intact.

Exit: Consider exiting if the price breaks below the $8.83 support or if the RSI significantly moves into overbought territory. Profit-taking at the upper Bollinger Band ($11.24) could also be a strategic exit point.

#TRUMP