TRUMP Coin short-term bottoming and rebound, the 2.99 level becomes a key support | In-depth market analysis for April 18

1. Market Overview

The current latest price of Trump Coin TRUMP is 2.99 USDT.

Since the peak at 79.7 USDT at the beginning of the year, it has retraced to 1.29 USDT. TRUMP has experienced an extended period of decline and panic washing. Currently, the price is gradually stabilizing in the 2.9—3.0 USDT range.

Market structure indicates:

Long-term downtrend

Formation of a phase bottom

Gradual balance between bulls and bears

Key observation point: 2.99—3.0 USDT range.

2. Daily Chart Analysis (Mid-term Trend)

The daily chart shows that after overselling, TRUMP has begun a consolidation phase:

The downward momentum has significantly slowed

Multiple supports around 2.8—3.0

Closing prices are gradually rising

3. 4-Hour Chart Analysis (Short to Mid-term Trend)

The 4-hour level indicates TRUMP is currently in a oscillating upward structure, with short-term bullish strength increasing:

Pullback amplitude decreasing

Buyers gradually entering

K-line lows rising

4. 1-Hour Chart Analysis (Short-term Trading Opportunities)

The 1-hour K-line shows a short-term bullish trend:

Pullbacks are quickly absorbed

Bullish momentum is stable

Short-term upward energy is strengthening

5. Trading Strategy (April 18)

Direction: Enter Long

Entry position: 2.99

First target: 3.034

Second target: 3.079

Stop-loss: 2.93