$TRUMP Follow the main news alongside technical analysis, especially with the upcoming major token release event!
The **TRUMP/USDT** pair is in a strong upward phase, but the high **RSI** warns of a potential temporary correction. It is advised to monitor resistance and support levels to enter well-considered trades.
**The right time to enter:**
- For short-term traders: wait for a break above **8.23** for a bullish entry.
- For long-term investors: wait for a correction towards **7.80-8.00** to buy at better prices.
**Predictions:**
- If the price breaks the **8.23** level, it may target **8.50** or higher.
- If it falls below **8.00**, it may return to test support at **7.77**.
**Current performance:**
- The price is at **8.22** with an increase of **+2.37%**, indicating a strong upward trend.
- Nearby resistance at **8.23**, and if broken, the pair may see a significant rise.
- Strong support at **7.77**, making it a good buying level in case of a pullback.
**Technical indicators:**
- Moving averages show a strong buy signal, as the **short average is above the long averages**.
- The Relative Strength Index **RSI is at 77.74**, indicating potential overbought conditions and the possibility of a short correction.
- The **MACD is positive**, supporting the continuation of upward momentum.
**Trading volume:**
- Reached **74.5 thousand**, which is below the recent average, but the technical indicators reinforce the likelihood of continued upward movement.
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