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#TRUMP #PI #IP #BERA #SOL
TRUMP Analysis – Potential Reversal or More Downside?
$TRUMP has faced strong selling pressure, dropping from recent highs of $10.90 to test support near $10.00. The price has shown some stabilization around $10.24, indicating a potential short-term bottom.
Key Levels to Watch:
Support: $10.00 – Holding above this could trigger a relief bounce.
Resistance: $10.50 – Bulls need to reclaim this level for a potential move higher.
Breakout Zone: $10.70+ – A move above this may confirm a bullish reversal.
Possible Scenarios:
1️⃣ Bullish Case: If TRUMP/USDT holds above $10.00 and reclaims $10.50, a breakout towards $10.80–$11.00 is likely.
2️⃣ Bearish Case: Failure to hold $10.00 could trigger further downside to $9.80–$9.50.
Market Sentiment:
Volume remains moderate; an increase in buying pressure is needed for a bullish push.
RSI is in the neutral zone, indicating indecision.
Pro Tip: A breakout above $10.50 with strong volume could confirm a bullish trend shift. However, cautious traders may wait for confirmation before entering long positions.