Trump's Time ! Trump coin set to launch bull rocket.Trump meme coin is ready to take a big move toward upside and we can see a good pump very soon.
TRUMPUSDT trade ideas
TRUMPTesting the Demand Zone, Good R/R
The zone is tested once and now there is a brief consolidation
TRUMP (HAPPY 20 JAN) TRUMP TIME BABY!!Volume trading involves using trading volume to gauge buying or selling pressure in the market, helping traders predict potential price movements. Here are some key points about volume trading:
Volume Indicators: Common volume indicators include On Balance Volume (OBV), Chaikin Money Flow (CMF), Klinger Oscillator, Accumulation/Distribution (A/D), and Tick Volume. Each offers unique insights into trading activity1.
Market Activity: High trading volume often indicates high market activity and liquidity, while low volume suggests less activity.
Trading Strategies: Traders use volume to spot breakouts, identify reversals, and capitalize on volume spikes during news events.
Patterns: Observing changes in trading volume over time can help traders glean insights into market sentiment and potential price movements.
Trump Coin Technical Analysis #Trumpcoin
➡️🤪⛽️Sentiment around the $TRUMP coin on social platforms and in the crypto community seems bullish and showing positive signals. However, there's caution regarding its sustainability due to the memecoin's inherent volatility and the political nature of the coin's association. There's a noted potential for the coin to experience significant drawdowns if market sentiment shifts or if there are regulatory changes affecting cryptocurrencies linked to political figures. 📉📈 Chart for your reference
TRUMP/USDT - Bullish Breakout in Play! Current Price: 41.1000 USDT
Change: +0.3995 (+0.98%)
High: 41.1802 USDT
Low: 40.7750 USDT
🔥 Hot Take: TRUMP/USDT is on the move!
The TRUMP/USDT pair is showing strong bullish momentum on the 15-minute chart, breaking through key resistance levels and closing near the daily high. With positive market sentiment and increasing volume, this could be the start of a significant upward trend.
📊 Key Levels to Watch:
Support: 40.7750 USDT (Recent Low)
Resistance: 41.1802 USDT (Recent High)
Next Target: 42.0000 USDT (Psychological Level)
🎯 Trading Strategy:
Entry Point: Look for a long position near the support level of 40.7750 USDT or on a breakout above 41.1802 USDT.
Stop Loss: Set a stop loss just below the recent low at 40.5000 USDT to protect your position.
Take Profit: Aim for the next psychological resistance level at 42.0000 USDT, with potential to extend gains if the momentum continues.
💬 Why This Trade?
TRUMP/USDT is gaining traction, and the technicals are aligning for a potential breakout. With the current bullish momentum, this could be a great opportunity to ride the wave.
⚠️ Disclaimer: This is not financial advice. Always do your own research and consult with a financial advisor before making any trading decisions.
token is inspired by the slogan of former U.S. President Donald MAGA (TRUMP)
The MAGA (TRUMP) token is inspired by the slogan of former U.S. President Donald Trump, which was "Make America Great Again". TRUMP is the oldest memecoin of the PolitiFi market, which was initially launched on August 11th, 2023, and is currently the second PolitiFi giant meme-coin with a market cap of $145.469 Million.
As of the time of writing, the MAGA crypto (TRUMP) price was trading at $3.31, showing an intraday loss of 10.08%, according to CoinMarketCap data. Meanwhile, its price performance has seen a 26.19% surge in the last 7 days but remained bearish over the past month with a 41.70% dip.
Furthermore, the All-time Low (ATL) price for MAGA (TRUMP) was at $2.560, which was recorded on August 21st, 2024. Also, the highest price for MAGA (TRUMP) is $17.752, which was last recorded on the first week of June 2024.
Trump Campaigns Could Drive A Rally In Memecoins Ahead ( TRUMP,
Over a daily chart look, it has been clearer the optimism is high despite the bear's pressure. The optimsim in relation to the name of Donald J Trump and Eth-spot-ETF could send flying other capable memes as well.
Where Floki has surged from the demand zone and has formed a pullback, signifying a brief surge, which can intensify multifold once the catalyst comes into the market. Likewise, the Maga (TRUMP), solely influenced by Donald J. Trump, can directly fly higher once this nominee does something significant or, by the time, becomes an important authority.
As of writing, the TRUMP price has been approaching a critical trendline support daily, and a big move could come.
What Does Its Price Chart Signify On Daily Chart?After deteriorating from the $17.74 hurdle, the price fell more than 70% in a 34-day span and reached $4.57 by July 5th, where an important dynamic support trendline was in play, which pushed it upwards on the daily chart.
Meanwhile, in the Trump incident, where the shooter nearly killed the Republican presidential nominee, Donald J Trump, the shooter missed an inch from his skull and penetrated the ear instead. This was taken on the optimistic side of the crypto landscape and by the MAGA (TRUMP), as he's considered a cryptocurrency skeptic-turned-supporter.
In the aftermath of the incident, TRUMP rapidly formed a descending falling wedge, and the Trump incident made it look like a breakout of this pattern.
At press time, TRUMP was trading at $7.85 with an intraday surge of 3.44% and struggling to surpass the $10.39 level. Once this level is passed, it could reach the supply once again. Therefore, the resistance on the daily time frame lies at around $10.39 and $14.0, while the support levels are $7.0 and $5.0.
Indicators show that the price is above the 50-day EMA. The RSI was at 51.80, above the zero line, and MACD displays a bullish cross with a histogram at 0.3979. Overall, the indicators are on the optimistic side.
