Trump Memcoin has achieved a new listing on Sun.io, which offers a potential catalyst as tokens have shown early signs of rapid change after months after months.
Summary
- Trump Memcoin is now available for trading on sun.io, the top dex in the tron ecosystem.
- The token has fallen at more than 40% severe peak at $ 16.44 in April, currently trading near $ 9.44.
- Trump remains with a descending channel, which defines price action at a high level of April.
- On June 22, a potential below was formed at $ 8.25, followed by a pullback to a channel of two heights and the channel’s midpoint.
- A confirmed breakout $ 20 was busy on the measured step of the descending channel after the channel court target.
The official Trump (Trump) Memcoin has made a listing on Sun.io to the DEFI trading platform of Tron Ecosystem.
The listing provides a lot of boost to Trump as Memcoin involves trading within a descending channel, which the April rally defined its major action senses, which was at the top of $ 16.44. Since that peak, tokens have fallen by over 40%, the posture has been traded around $ 9.44.
A recent Rali in mid-July was unable to break the upper resistance of the channel near $ 11.50- $ 12, resulting in a pullback below $ 10. However, the token briefly pierced the upper bolling band in the context of the upper trendline of the channel, which was first closed above the peak after April. This suggests rapid speed and increases the possibility of an upcoming reversal or breakout.
Trump Memcoin Price Prediction
It is also worth noting that the latest pullback is closed in the middle of the descending channel, rather than that its limit is low and two heights have been followed at $ 8.30 from Tental Bottom on 22 June. A potential change towards a more rapid structure, to ensure that sales can reduce the pressure.
Although it is still a quick toe to confirm a full -furorefare, these technical devils have been combined with the fresh list on the sun. If the token can maintain high climb and assemble the Momentum with increased exposure and liquidity on the sun, a breakout over the upper resistance of the channel may come to see. Depending on the meaningful Mot channel, a successful breakout can open the door for a potentially reverse target around $ 20.
