On the verge of a breakout... if it breaks this level, it’ll take off Current price: $1.21 Down today: -3.73% 24-hour high: $1.267 Low: $1.111
The coin dropped sharply from $1.77 to $1.11, but when it reached $1.11, it stopped falling and climbed a little. That means some people are buying in this area.
The coin is now range-bound between two important levels:
Support:
1- First support: $1.20 - if it breaks below this, we’ll return to $1.11
2- Strong support: $1.11 - this is the bottom; if it breaks, a bigger drop is likely
Resistance:
1- First resistance: $1.24 - if it breaks above this, it could rise 2- Second resistance: $1.28 3- Distant target: $1.40 My personal prediction:
If TRUMP holds above $1.21 today, we’ll see a rise to $1.28 and then $1.40. But if it breaks below $1.20 and drops, don’t buy; wait for it at $1.11.
What do you think?
Do you think TRUMP will return to $1.40, or break below $1.11 and fall further?