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TRUMP News: Consolidating Within $31.3 to $40 Range

TRUMP News: Consolidating Within $31.3 to $40 Range

Published:
2025-01-22 09:15:23
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Over the past 12 hours, the TRUMP memecoin has been trading within a tight range of $31.3 to $40. Initially, the mid-range price of $35.7 served as a resistance level, but it has since transformed into a support level. As trading volume has tapered off, Fibonacci retracement levels are anticipated to offer resistance in case TRUMP breaches this range. Following the debut of Official Melania (MELANIA), the hourly price chart exhibited bearish tendencies, experiencing a notable 39.9% drawdown within an hour. Investors are encouraged to await clearer market signals prior to taking long positions.

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