TRUMP has witnessed a significant price surge, breaking through previous resistance levels and reaching a daily high of $12.48. This marked a key turning point for the token, as the market saw a sudden influx of demand. The surge signals a strong bullish trend, supported by technical indicators such as RSI and MACD.
However, as the price tests new highs, traders remain cautious, watching for signs of a price reversal or continued upward momentum. A key level to watch is $10.85, as this could serve as a strong support zone.
Future Price Prospects: Can TRUMP Hold Its Ground?
While the surge above $12 has brought optimism to traders, the real test for TRUMP lies in its ability to maintain the bullish momentum. If TRUMP can hold above the $10.85 mark, it may continue to push higher, potentially testing further resistance levels. However, any drop below $10.40 could indicate a bearish reversal, putting the token at risk of further declines.
Momentum indicators are currently showing mixed signals, meaning that traders need to stay alert for potential market shifts. The coming days will be crucial in determining if TRUMP can solidify its position above the critical $10.85 support level or if it will succumb to downward pressure.
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