Trump crypto coin trades near yearly $7.14 lows: 200% rally in play if structure shifts
2025-07-09 18:52:54
Main Idea
Trump Coin (TRUMP) is trading near a critical support level at $7.14, with potential for a 200% rally to $22.98 if bullish confirmations are met.
Key Points
1. Trump Coin is hovering near its yearly low of $7.14, a key historical support level.
2. A bullish rotation from this zone could trigger a 200% rally toward $22.98, aligned with the range high and previous peak.
3. Price action shows a range-bound structure, requiring confirmation through reclaiming key levels like the value area low and midpoint.
4. Low trading volume is a concern, as higher volume is needed to validate a sustained rally.
5. As long as $7.14 holds, a potential reversal toward $22.98 remains possible, pending volume and confirmation signals.
Description
Trump Coin is hovering at yearly lows near $7.14, representing the bottom of a multi-month range. A bullish rotation from this zone could trigger a 200% rally toward $22.98 if confirmed. Trump Coin ( TRUMP ) is once again trading at a critical support region near $7.14, a level that marks the low of its long-term trading range. This zone previously sparked a powerful rally toward the value area high before a corrective phase took over. Now, with price revisiting this key support and volume stead...
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