Official Trump (TRUMP) is testing key resistance levels as the cryptocurrency market experiences a bullish surge. TRUMP has formed a falling wedge pattern on its daily chart, indicating a potential breakout. The memecoin recently rebounded from a support level near $7.41, reaching $8.00, close to the wedge's upper boundary.
The 200-day moving average at $9.86 is identified as a significant resistance point. A successful breach of this level could propel TRUMP towards $15. Conversely, failure to break out may result in a retest of support around $7.20.
Official Trump (TRUMP) Eyes Breakout Amid Bullish Crypto Market
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