OFFICIAL TRUMP is trading at $1.63, up 2.74% in the past 24 hours, with $227.97 million in daily volume and a market cap of $388.51 million. After weeks of grinding lower highs and lower lows, the token is showing the first credible technical signs of a potential reversal.

The broader trend still leans bearish. TRUMP sits below both the 20-day simple moving average and the upper Bollinger Band, so bulls haven't reclaimed the structure yet. What's changed is that the price is holding above the lower Bollinger Band, a detail that matters because it suggests the worst of the selling pressure has passed and volatility is slowly compressing. That compression is exactly the setup traders look for before a directional move.

Two signals pointing the same direction

The MACD line has crossed above the signal line, and the histogram is ticking into positive territory. It's an early read on buyer momentum building beneath the surface, but early is the key word. A genuine confirmation would require TRUMP to clear the $1.70 $1.74 resistance band. That zone has acted as a ceiling throughout the recent downtrend, and a volume-backed break above it would shift the narrative from "possible bounce" to something more convincing. Fail to get through it, and the token likely pulls back to test support near $1.49, the lower edge of the Bollinger Band.

Analyst Crypto With Gopal separately flagged a falling wedge forming on the chart, a pattern that historically resolves to the upside. The trendlines have been narrowing, buyers have stepped in at the bottom boundary multiple times, and selling interest appears to be fading. TRUMP is now pressing against the wedge's upper resistance, which is where the next move will likely be decided. A breakout with rising volume would put $1.63 in the rearview and open the path toward higher targets; without volume, the pattern risks turning into another false start.

The broader crypto market is still cautious, and that matters. Even technically clean setups can fail when macro sentiment is hesitant, so anyone watching TRUMP should treat the $1.70 $1.74 range as the line in the sand. A weekly close above it with expanding volume would be the clearest signal the reversal has legs.

This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.