#Trump Today's analysis 🧐
RSI (daily): Around 28–29, entering oversold territory; a short-term technical rebound is possible.
Key support: $1.12–$1.16 (near yesterday's low). A break below could lead to a test of the psychological $1.00 level or even lower.
Key resistance: Around $1.27–$1.50, followed by the 50-day EMA (around $1.75).
The price is well below all major moving averages. The 4-hour and daily trends remain bearish, and indicators such as SuperTrend mostly point downward.
Short-term scenarios:
Hold above $1.16 → Could continue to rebound within a range and test $1.27+.
Break below $1.12 → Risk of an accelerated decline increases.
RSI (daily): Around 28–29, entering oversold territory; a short-term technical rebound is possible.
Key support: $1.12–$1.16 (near yesterday's low). A break below could lead to a test of the psychological $1.00 level or even lower.
Key resistance: Around $1.27–$1.50, followed by the 50-day EMA (around $1.75).
The price is well below all major moving averages. The 4-hour and daily trends remain bearish, and indicators such as SuperTrend mostly point downward.
Short-term scenarios:
Hold above $1.16 → Could continue to rebound within a range and test $1.27+.
Break below $1.12 → Risk of an accelerated decline increases.
