Are you planning to buy $TRUMP coin but unsure where it’s headed after the recent rally? Then, this price action breakdown is for you. $TRUMP price made some big moves in the past 24 hours, with buyers pushing toward the $15.00 level before getting knocked back. It’s now trading in a tight range just above $14.00, and momentum is cooling off. With indicators showing mixed signals, it’s a key moment to assess support, resistance, and trend strength. Let’s unpack what the chart is telling us.
$TRUMP Price Analysis of 10th May, 2025
The $TRUMP price action over the last 24 hours shows a market that began by extending the bullish momentum from the prior day, with an initial slow rise consolidating into an upward channel. This moderate climb started gaining traction by 08:40 UTC, gradually pushing prices higher within the channel. RSI began to approach overbought territory during this ascent, reflecting growing buyer interest. A golden cross formed on the MACD around 09:30 UTC confirmed bullish continuation. By 13:55 UTC, $TRUMP touched $14.95 near a known resistance, marking a temporary high. However, signs of exhaustion started emerging as RSI hit extreme overbought and MACD momentum began to flatten.
Chart 1- TRUMP/USDT M5 Chart, Analyzed by Alokkp0608, published on May 10th, 2025.
The momentum reversed sharply as the price tumbled from the $14.95 peak, breaking out of the channel and dropping to $13.70 by 16:05 UTC. This downward move coincided with a MACD death cross, validating the trend shift. RSI also dropped steeply, nearly reaching oversold levels. Despite this, buyers defended the key support at $13.70, sparking a recovery toward $14.80 by 18:10 UTC. During this bounce, MACD formed a golden cross, and RSI lifted off oversold territory. However, the recovery lacked strength, and price entered a sideways path afterward, hovering between $14.30 and $14.60 through the evening.
Buyers Lose Steam After Resistance Break
From 21:00 UTC, the $TRUMP started building upward momentum again with a new channel emerging around 23:00 UTC. The price moved decisively toward $15.00, the previously tested resistance. Around 01:15 UTC, there was a brief breakout above $15.00, but this $TRUMP breakout was not sustained. RSI was again overbought, indicating exhaustion, while MACD flattened and showed no significant divergence. This fakeout was followed by a steep decline, as the Trump meme coin price fell rapidly back to $14.14 by 02:00 UTC. A sharp MACD death cross and RSI drop during this period confirmed strong bearish control post-breakout rejection.
Consolidation Near Support in Tight Range
From 02:00 UTC to the chart’s end around 09:00 UTC, the Trump meme coin price stabilized within a narrow trading range of $14.03 to $14.57. RSI hovered around neutral, occasionally bouncing between 50 and 37 without strong directional signals. MACD printed a golden cross around 06:00 UTC, but follow-through was limited. This range-bound behavior signals indecision among traders following the failed $TRUMP breakout. Despite recent volatility, the price is finding short-term footing just above the $14.00 level, with no clear trend dominance visible. The last visible candle settled around $14.24, suggesting a pause in momentum as the market awaits further cues.
$TRUMP Momentum Faces Key Test Around $14.00–$14.50
$TRUMP price is currently caught in a sideways structure after rejecting $15.00 and falling back into a tight range. The momentum has faded from both bulls and bears, with RSI trending neutral and MACD showing weak but positive crossover signals. Key support remains at $13.70, while the immediate resistance is near $14.60–$14.95. Unless bulls reclaim $14.80 and sustain above the $15.00 barrier, the bias may remain neutral to slightly bearish. Expect prices to hover between $14.00 and $14.60 short-term, with potential $TRUMP breakout attempts hinging on volume and renewed momentum on indicators.
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