Assessing if TRUMP bulls should expect a 10% price bounce soon – BitRss

• TRUMP ($10.86) has a bearish structure, but the bullish divergence could lead to a price bounce
• Consistent selling pressure recently meant recovery would be difficult and traders must be wary of going long

Official Trump [TRUMP] has reversed from the $13.84 resistance level. In an analysis piece last week, AMBCrypto pointed out that the $14-level would likely rebuff the bulls and send the memecoin’s price further south.

This has come to pass though, and the 23.6% extension level at $11.59 has recently been flipped to resistance. What’s next for TRUMP?

TRUMP’s bullish divergence could see short-term gains