Trump coin insight
The Trump Coin's price movement faces a critical test at the 61% Fibonacci retracement level. This level is a significant technical resistance point, often indicating a reversal or continuation of a trend. If the coin fails to break and sustain above this threshold, it may signal weakening bullish momentum, increasing the likelihood of a downward correction. Traders should monitor this level closely, as failure to cross it could attract selling pressure, pushing the coin further down in the short term.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.