Trump Token saw the ACT level with $ 79 in the last period. Then he faced a harsh trend. It is currently traded at $ 29. But he cannot maintain his levels. This pushes many investors to re -evaluate their positions. Market sensitivity generally appears a negative appearance. On the other hand, mixed signals about Trump’s chances of recovery are observed.
Trump Token Investors Unstable
In the last five days, open positions for Trump Token have dropped about $ 200 million. Meanwhile, it reached 962 million from 1.14 billion. This important decline is an indication that investors have lost their confidence in subcoine. Falling OI data indicate that Trump has lost his charm in the futures market. It also indicates that investors have less speculation on price movements.
Token’s declining popularity is partly due to its origin and Donald Trump. In the first place, Trump attracted attention thanks to the name of the former president, lost this innovation over time. Developments in the wider crypto market reduce the interest in token and direct investors to other opportunities.
Despite the negative feeling on the price of Trump, some technical indicators point to a possible recovery. In particular, the moving average convergence deviation (MACD) recently showed a bull intersection. This reveals that a short -term positive acceleration may occur for Trump. Nevertheless, it is unclear whether this signal is enough.
Trump’s recovery process requires strong support from the market and re -gaining the trust of investors. However, the fluctuations in trade volumes and the inconsistency of demand make the general macro movement uncertain.
Price estimated and lock resistance levels
Currently, Trump is trading at 29 just above the $ 26 support level. It is very important for token to stay above this level and turn it into support level by breaking 34 resistance. If this resistance level can be exceeded, token’s price will rise to 45 levels. Some optimism may occur in investors.
However, the return of Trump to 79 re -levels means a 166 %rally, and this scenario seems quite difficult, given the current conditions. Token should be based on a concrete usage area rather than speculative movements, and experts attract attention.
Trump’s future depends entirely on the support of the market. If the Token exceeds the level 34 and can adopt this level as a support base, it may initiate a wider recovery movement. However, this will be possible with the revival of the interest of both retail and corporate investors. For now, in order to create this interest, Trump needs to redefine himself with a strong story or use.
