Overview

Click to expand overview
TRUMP memecoin price climbed by 15% but hit a snag at a crucial resistance point. Analysis shows that the support at $12.52 could make or mar the token\'s next move. Trump Coin recently surged with an aggressive impulsive rally, but signs now point to a potential local top. Technical confluences suggest a bearish retest is underway with increased TRUMP meme coin holds key $13 support after consolidation, hinting at fresh upward momentum. Entry zone between $12.60–$12.90, with resistance at $13.37 and $14.20 About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright Breaching $34 resistance could push TRUMP to $45, but a 166% rally to $79 is unlikely without strong market cues. The TRUMP token, which recently hit an all-time high Trump Coin experienced a dramatic rally but signs suggest it might have peaked. Technical indicators point to a possible reversal as buyers lose momentum and price levels hit Key Resistance: $19.64 (prior horizontal resistance). Major Target: $21.47–$22.79 (wave (iii) and (v) projections). Immediate Support: $16.26–$15.86 (0.5–0.618 Fibonacci The rally is now more closely aligned with the projected breakout target of a descending channel forming since early March, topping out at the $13.70 resistance. The rally TRUMP Coin price is $10.54, down 5.8% in 24 hours, with a market cap of $480 million. The coin has formed a Cup and Handle pattern, indicating a potential breakout and Trump Coin has experienced a powerful upward surge, but current technical conditions show early signs that the rally may have reached an exhaustion point. The recent

Trump Coin Faces Resistance After Climactic Rally: Is a Full Retrace on the Horizon?

The TRUMP memecoin price climbed by 15% but hit a snag at a crucial resistance point. After a recent surge and aggressive impulsive rally, Trump Coin experienced a dramatic rally but signs suggest it might have peaked. Is the rally over? Technical indicators point to a possible reversal as buyers lose momentum.

Technical Analysis: Key Levels to Watch

Analysis shows that the support at $12.52 could make or mar the token's next move. The rally is now more closely aligned with the projected breakout target of a descending channel forming since early March, topping out at the $13.70 resistance. Technical confluences suggest a bearish retest is underway. Immediate Support lies between $16.26–$15.86 (0.5–0.618 Fibonacci retracement).

Will Trump Coin Hold Key Support?

TRUMP meme coin holds key $13 support after consolidation, hinting at fresh upward momentum. Entry zone between $12.60–$12.90, with resistance at $13.37 and $14.20. Breaching $34 resistance could push TRUMP to $45, but a 166% rally to $79 is unlikely without strong market cues.

Potential Targets and Resistance

Key Resistance: $19.64 (prior horizontal resistance). Major Target: $21.47–$22.79 (wave (iii) and (v) projections). The TRUMP token, which recently hit an all-time high, experienced a powerful upward surge, but current technical conditions show early signs that the rally may have reached an exhaustion point. Signs now point to a potential local top.

Cup and Handle Formation: Bullish or Bearish?

Trump Coin has formed a Cup and Handle pattern, indicating a potential breakout. However, Trump Coin price is $10.54, down 5.8% in 24 hours, with a market cap of $480 million. The question remains: will the pattern lead to renewed upward momentum or a deeper correction?

Top Sources

Related Articles