Donald Trump’s breast coin Trump rises 12 %in the last 24 hours and continues to attract investors. The transaction volume increased by 14.36 %, which shows that buyers are strengthened in the market. Trump, which exceeds $ 28 resistance, is now preparing to test the $ 30 level. However, it is still a question of whether the upward movement will continue.
Exposure signals are strengthened for Trump
Trump has been traded on a band between 24.58 and $ 31.37 for the last two days. Although it has a harsh decline of $ 74, this consolidation process is not a negative signal for bulls.
Volume indicator OBV has risen in the last hours. At the same time, Awesome Oscillator showed a bull transition. However, it is likely that the price will be seen in this range for a few more days before the upward breaking. The level of $ 32.3 is seen as a critical threshold to reverse the current decrease trend.
Liquidation maps show the direction
Liquidation maps help to determine important resistance zones for Trump. Considering the short -term rise momentum, it is very likely to test the levels of $ 30.77 and $ 32.42.
In particular, 24 -hour liquidation data shows that the price is highly likely to turn to $ 30.7. Investors with long positions may consider realizing profit realization at these levels.
Trump Price Estimation: Can 35 dollars be target?
In order to continue Trump’s rise, he needs to exceed $ 32.3. If a strong break occurs at this level, a movement up to $ 35.7 may be possible.
However, if the bulls cannot exceed this level, the price can be re -consolidated. Investors are now staring at $ 30.77 resistance. The next hours will be decisive for Trump’s direction.
Bulls gain strength, but be careful
Although Trump’s last rise increases the interest of the market to this tokena, investors need to be careful. Although short -term rise signals may seem positive, the breaks without volume support can be risky. Technical indicators show that the momentum is strengthened, but still not exit an unstable area. In particular, the closing over $ 32.3 can trigger a new upward trend. However, if the sales pressure increases, the risk of withdrawing to $ 27 should not be ignored.
In the coming hours, transaction volume and investor behaviors will play a critical role for the price direction.
