Concise technical analysis and 90-day outlook for TRUMP/USDT (1D)

Technical Analysis
Trend & Structure
Price has been in a clear downtrend since the peak near 9.57.
Current price (~5.27) is forming a potential base after a long sell-off.
Market structure remains bearish, but downside momentum is weakening.
Support & Resistance
Key support: 5.20–5.30 (current demand zone).
Next supports: 4.80–5.00, then 4.20–4.40 if breakdown occurs.
Key resistance: 5.90–6.00 (trend change level).
Higher resistances: 6.90–7.10, then 8.80–9.00.
Indicators
MACD: Below zero but histogram is flattening → bearish momentum fading.
Volume: Declining steadily → selling pressure exhaustion, not strong buying yet.
Moving Averages: Price remains below short-term MAs, but the gap is narrowing → trend deceleration, not reversal.
Market Behavior
30–90 day performance is deeply negative, suggesting many weak holders are already out.
90-Day Price Scenarios
🟡 Scenario 1:
Base + Relief Rally (Most Likely ~50%)
5.20 holds as support.
Price ranges between 5.20–6.00 for several weeks.
Gradual move toward 6.80–7.20.
90-day target: 6.50–7.50
🔴 Scenario 2:
Bearish Continuation (~30%)
Daily close below 5.20 with volume.
Drop to 4.80, possibly 4.20–4.40.
Long consolidation afterward.
90-day range: 4.20–5.50
🟢 Scenario 3:
Meme-Driven Reversal (~20%)
Strong volume surge and daily close above 6.00.
Short covering and renewed hype push price higher.
90-day upside target: 8.50–9.00
Key Levels to Watch
5.20 → Line between base and breakdown
6.00 → Bullish confirmation
7.10 → Medium-term breakout
4.80 → Bearish continuation trigger
Summary
Trend is still bearish, but downside pressure is weakening.
Price is likely in a basing phase.
Expect sideways to mildly bullish behavior unless 5.20 breaks
A sustained move above 6.00 is required for trend reversal confirmation.
Will trump be able to cross $6 before the year end