TRUMP Coin Hits Resistance Following Explosive Rally
Trump Coin (TRUMP) is showing signs of exhaustion after a sharp upward move, with technical indicators pointing to a possible reversal. The cryptocurrency is now testing critical resistance levels, including the 0.618 Fibonacci retracement and anchored VWAP from the $41 zone—an area known for previous heavy selling pressure.
Traders are monitoring for confirmation of a local top as price action rejects the value area low. Climactic volume spikes further suggest potential distribution, increasing the odds of a deeper pullback.