$TRUMP is showing signs of recovery after reclaiming the $2 level, but the structure still needs confirmation.
Price is now approaching the key $2.14 resistance zone, where fresh supply could enter the market. The recent token unlock also adds another factor to watch, as increased supply can influence short-term price action.
From a technical perspective, holding above $2 keeps the recovery structure intact. A decisive move through $2.14 backed by stronger volume would improve momentum and market structure.
On the downside, $1.94 remains an important support level. Losing it would weaken the current recovery and bring renewed selling pressure into focus.
For now, the key is how price reacts around these levels and whether buyers can absorb the available supply rather than simply chasing momentum.
Price is now approaching the key $2.14 resistance zone, where fresh supply could enter the market. The recent token unlock also adds another factor to watch, as increased supply can influence short-term price action.
From a technical perspective, holding above $2 keeps the recovery structure intact. A decisive move through $2.14 backed by stronger volume would improve momentum and market structure.
On the downside, $1.94 remains an important support level. Losing it would weaken the current recovery and bring renewed selling pressure into focus.
For now, the key is how price reacts around these levels and whether buyers can absorb the available supply rather than simply chasing momentum.
