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🚨$TRUMP /USDT Technical Analysis | 1D Chart
Current Price: $3.454 | +2.89%
📉 Trend Overview:
TRUMP crashed from its all-time high of $9.568 down to lows near $2.967, marking a brutal 69% drawdown. However, price is now attempting a relief bounce, showing early stabilization signals.
📊 Bollinger Bands (20,2):
Price hugging the Lower Band ($2.847) while midband sits at $3.652. A reclaim of the midband would signal trend reversal potential.
📈 RSI Analysis:
RSI(6): 45.458 | RSI(12): 35.326 | RSI(24): 33.720 All recovering from oversold zones, indicating bearish exhaustion with bullish divergence building.
📦 Volume: Currently low at 166K vs MA10 of 328K suggesting accumulation phase, not panic selling.
⚠️ Price declined due to post-launch hype fading and broader market correction.
Key levels: Support $2.967 | Resistance $3.652 🎯
#TRUMP #GateIO #CryptoAnalysis #Altcoins