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TRUMP Coin Bottoming Signal Appears? $3 Becomes the Bull-Bear Lifeline, Main Players May Be Brewing a New Round of Market Movement | In-Depth Technical Analysis on April 17
Currently, the official Trump TRUMP latest price is 3.04 USDT.
From the overall trend, TRUMP experienced a rapid decline after an initial high, with the price oscillating downward all the way, and has now entered a low-level consolidation phase. From the candlestick structure, the market has gradually shifted from a unilateral decline to a range-bound trading pattern.
Current market structure:
High decline → Panic selling → Low sideways trading → Waiting for direction choice
Around $3 is becoming the most critical bull-bear dividing line in the current market.
From the daily chart perspective, TRUMP previously experienced a prolonged downtrend, with lower highs and lows, generally forming a standard bearish trend structure.
But recent movements have started to show some changes:
This indicates:
From the four-hour candlestick chart, TRUMP is currently in a sideways consolidation pattern.
The price mainly fluctuates within:
Repeated oscillations.
Four-hour structural features:
This usually means:
From the 1-hour trend, TRUMP has now formed a small ascending oscillation pattern.
Short-term trend characteristics:
Short-term market sentiment leans toward oscillating bullish.
April 17 Trading Strategy
Direction: Enter Long
Entry position: 3.04
First target: 3.086
Second target: 3.131
Stop-loss: 2.978