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MAGATRUMP / Tether PERPETUAL FUTURES

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MAGATRUMPUSDT.P trade ideas

MAGA (TRUMP)MAGA (TRUMP) MAGA (TRUMP) token which is associated with the U.S. Presidential candidate Donald Trump also remains in the top poliFi tokens. A $129.647 Million market cap makes it the 2nd largest politiFi token and 271st token in the crypto space. At the time of writing, MAGA (TRUMP) was exchanging hands close to $3.20 recording a slight 0.46% positive gain in Intraday. The daily chart highlights a consolidation in the last couple of weeks with support at $2.4 and $5.2 level as resistance. Now, a sustained move above the $5.2 level may validate a bullish reversal and the price may show gains of nearly 40% to reach the next supply of $7.5 level. On the other hand, if the selling pressure exceeds and the price breaks on the lower side, it may result in a bearish continuation towards the psychological $2 level.
Long
by Ritika_TCR
MAGA (TRUMP) MAGA (TRUMP) MAGA (TRUMP), inspired by Donald Trump’s ‘Make America Great Again’ slogan, also contributes to charitable causes such as supporting US veterans. Launched a year ago, MAGA has seen a significant rise from its inception price of $0.015. At the time of writing, MAGA was exchanging hands close to $7.15 recording a nearly 12% rise in intraday today. The recent correction in the broader market has affected MAGA with a notable fall of nearly 57% from its all time high of $17.83. Despite this MANGA recorded a positive gain of nearly 40% in the last three months and over 350% gain in the last six months. The technical chart highlights that the $10.5 level may act as a crucial resistance. if the price surpasses it could pave the way for new record highs.
Long
by Ritika_TCR