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Coin Edition 2025-05-03 17:30:00

Will $TRUMP Reclaim $14 or Slip Below $12? May Setup Tests Key Support Levels

Will $TRUMP Reclaim $14 or Slip Below $12? May Setup Tests Key Support Levels

$TRUMP forms symmetrical triangle with support at $12.10 and resistance at $13.40. RSI remains below 45; MACD shows minimal momentum, indicating consolidation. Break above $14.22 targets $15.48; drop below $12.10 risks fall to $11.00–$11.20 zone. After reaching a high of $16.42 in late April, the $TRUMP token entered a consolidation phase, trading around $12.80 on May 3, 2025. The 4-hour chart displays a symmetrical triangle pattern taking shape, with the lower boundary established near $12.10. This $12.10 area has consistently served as a rebound zone, absorbing selling pressure since the peak. On the upside, resistance between $13.30 and $13.40 holds firm. This zone aligns with the triangle’s upper ceiling and a horizontal supply area identified by analysts. Fibonacci retracement levels drawn from the April rally pinpoint $13.38 (0.382), $14.22 (0.5), and $14.74 (0.618) as critical benchmarks. Bulls have failed to reclaim the initial $13.38 level, keeping the price structure sideways. Momentum Indicators Signal Caution for $TRUMP $TRUMP price dynamics (November 2024 – May 2025) Technical momentum indicators reflect weakening buyer strength. The Re… The post Will $TRUMP Reclaim $14 or Slip Below $12? May Setup Tests Key Support Levels appeared first on Coin Edition .

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