TRUMP is drifting lower after failing to hold the push toward 5.966, and the 15m chart is showing a steady loss of short term momentum. Price is now sitting around 5.874, trading below the MA5, MA10 and MA30, all of which are turning downward. This alignment signals that sellers currently have control of the intraday flow.
The rejection near 5.97 came from a clear liquidity pocket. Once that area absorbed the buy pressure, price rotated lower with no signs of forced liquidations or panic wicks. Funding conditions remain flat, confirming that leverage is not amplifying the move. Instead, this is a normal unwind driven by profit taking and tactical short term positioning.
Volume has been declining through most of the pullback, which typically means sellers are not acting aggressively. However, the recent red candle with a slight volume uptick shows some renewed pressure as buyers step aside. MACD remains below the signal line with a soft bearish slope, reinforcing the view that momentum is tilted to the downside for now. Key support is at 5.86. If price stabilizes above that zone, TRUMP can attempt a rotation back toward the moving average cluster near 5.90. A reclaim of 5.91 with rising volume would signal that buyers are regaining control. A breakdown below 5.86 would expose deeper liquidity toward 5.82.
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TRUMP is drifting lower after failing to hold the push toward 5.966, and the 15m chart is showing a steady loss of short term momentum. Price is now sitting around 5.874, trading below the MA5, MA10 and MA30, all of which are turning downward. This alignment signals that sellers currently have control of the intraday flow.
The rejection near 5.97 came from a clear liquidity pocket. Once that area absorbed the buy pressure, price rotated lower with no signs of forced liquidations or panic wicks. Funding conditions remain flat, confirming that leverage is not amplifying the move. Instead, this is a normal unwind driven by profit taking and tactical short term positioning.
Volume has been declining through most of the pullback, which typically means sellers are not acting aggressively. However, the recent red candle with a slight volume uptick shows some renewed pressure as buyers step aside. MACD remains below the signal line with a soft bearish slope, reinforcing the view that momentum is tilted to the downside for now.
Key support is at 5.86. If price stabilizes above that zone, TRUMP can attempt a rotation back toward the moving average cluster near 5.90. A reclaim of 5.91 with rising volume would signal that buyers are regaining control. A breakdown below 5.86 would expose deeper liquidity toward 5.82.
At the moment TRUMP is in a controlled pullback with sellers guiding the market. The next trend pivot will come from how price reacts at the support base and whether buyers show up with conviction.
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