TRUMP's performance these days is quite interesting. The 30-minute K-line volume has directly surged by 96.8%, and such abnormal volume movements often indicate that a trend is about to start.



Currently, the price is stuck around 5.364 USDT, with the key support level right at 5.363—only 0.45% away from the baseline on the 1-hour chart, which is very close. The entire support zone ranges from 5.299 to 5.392. From a technical perspective, it is already quite close to the support level.

For traders, the bullish approach can be considered as follows: place an order around 5.363 to enter, with resistance set at 5.502 as the take-profit target. The sharp increase in volume usually indicates that funds are accumulating behind the scenes, and the subsequent trend warrants close attention.
TRUMP6,83%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
EternalMinervip
· 01-12 21:51
I've heard the excuse of "volume surging" too many times, but the result is... it still depends on whether it can break through 5.502; otherwise, it's just a false alarm.
View OriginalReply0
BearMarketBuildervip
· 01-12 21:50
Trading volume surged by 96.8%. This number sounds pretty impressive, but to be honest, I've seen this kind of signal many times, and in the end, not many actually break out. I need to watch this 5.363 support level to decide whether to follow up; I need to observe a bit more, don't rush to jump in.
View OriginalReply0
failed_dev_successful_apevip
· 01-12 21:48
I'm actually quite cautious about the signal of a surge in trading volume; often, a dump happens in the very next second. However, the 0.45% difference is indeed a bit tempting.
View OriginalReply0
GhostWalletSleuthvip
· 01-12 21:30
As for the surge in trading volume, it sounds interesting, but I usually don't buy into that... buildup and all that, often just the prelude to cutting leeks haha. The price is stuck firmly at the support level, just worried about a break below. Can the 5.363 line hold? Feels like a cliffhanger.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)