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TRUMP/USDT Price Analysis – November 4
After its late October rebound, TRUMP/USDT has started to cool, currently trading around $7.14 and down 1.81% for the day. The price sits just beneath the $7.59 resistance, suggesting that momentum from the recent bounce off the $5.24 support is fading.
OFFICIAL TRUMP Key Levels:
Resistances Levels: $11.93, $16.03
Support Levels: $5.24
OFFICIAL TRUMP Long Term Trend- Bearish (Daily Charts)
The broader pattern shows a market that attempted a breakout but stalled before reaching the next key retracement area near $11.93.
The DMI (Directional Movement Index) lines confirm this shift in dynamics. This combination often points to a fading impulse within a still‑fragile uptrend meaning bulls are losing their edge, even though bears haven’t fully reclaimed the field.
Unless buyers reclaim $7.6 on a daily close, the technical picture favors a slow retest of the $5.2 pocket, where liquidity last built substantial support. If the $7 pivot gives out, a retracement toward $6.2–$5.3 becomes the technical path of least resistance. Conversely, breaking $7.6 with strong candle bodies could re‑invite speculative buyers, eyeing $9.5+ as a stretch target.
OFFICIAL TRUMP Short Term Trend- Bearish (4Hour Charts)
The intraday view offers more precision on short‑term exhaustion. The asset trades quietly between $7.1 and $7.6, lacking directional conviction after the late‑October spike.
ADX (Average Directional Index) falls to 17.95, implying weak trend structure or consolidation, not immediate meltdown. This reflects a cooldown phase, where traders are waiting for a trigger before committing either way. Volume thinning reinforces the idea that the market is digesting its gains after a volatile month.
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