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

  1. Market Overview

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.

  1. Daily Chart Analysis (Mid-term Trend)

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:

  • The decline speed has noticeably slowed
  • Candlestick bodies are gradually shrinking
  • Support has formed multiple times in the 2.8—3.0 range

This indicates:

  • Buying support is beginning to appear below, and the market is forming a phased bottom.
  1. Four-hour Chart Analysis (Short to Mid-term Trend)

From the four-hour candlestick chart, TRUMP is currently in a sideways consolidation pattern.

The price mainly fluctuates within:

  • $2.8 — $3.3 range

Repeated oscillations.

Four-hour structural features:

  • Multiple retests of the 2.8—3.0 zone
  • Significant selling pressure near 3.3 above
  • The fluctuation range is gradually narrowing

This usually means:

  • The market is accumulating energy, waiting for a breakout direction.

From the 1-hour trend, TRUMP has now formed a small ascending oscillation pattern.

Short-term trend characteristics:

  • The lows are gradually rising
  • The retracement is relatively small
  • Bulls are attempting to push the price higher

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

TRUMP1,73%
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DifficultHouseholds
· 7h ago
Why isn't it rising along with the increase?
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