OFFICIAL TRUMP is trading around the $3 mark, after a 5.65% drop in the last 24 hours. The asset opened at a high of $3.78 and retraced to a bottom of $3.47, and is currently around $3.51 with daily volume of $154.13 million. Bitcoin hovers around $68.1K and Ethereum trades at about $1.9K. The trading chart shows bullish pressure, with a potential move above $3.62 and a possible push beyond $3.73 on renewed demand; a fall back to support around $3.42 or deeper losses below $3.31 could occur if momentum wanes.
As per Coinglass data, the TRUMP market has witnessed a liquidation of $495.27K. The MACD line briefly crossed above the signal line and remains above zero, suggesting a broader bullish trend, while the CMF sits at 0.09. OFFICIAL TRUMP’s RSI stands at 52.97, indicating a slight bullish sentiment, with BBP at -0.003 implying near-neutral momentum with a slight bearish tilt. Liquidation data underscores the live risk in the near term, and overall, buyers hold a small edge as the market hovers near the midline, though a sustained move higher would require renewed demand.
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