TRUMP Price Eyes Rebound as TD Sequential Flashes Buy Signal

• TRUMP/USDT shows a TD Sequential buy signal, hinting at a potential reversal after sustained selling pressure.
• Key resistance at 17.000 USDT must break for bulls to push toward 18.000 USDT, while support at 16.200 USDT remains critical.
• Despite bullish signs, the overall trend is bearish, and a drop below 16.200 USDT could lead to further losses toward 15.000 USDT.

The TRUMP/USDT Binance pair suggests a potential reversal as the TD Sequential indicator glows a buy. The price has been in a strong downtrend with lower highs and lower lows. But the latest candlestick shows diminishing selling pressure. A long wick at the bottom of the candle shows buyers entering, preventing further declines. Resistance remains near 17.000 USDT, while support remains at 16.200 USDT. If the bullish momentum is enhanced, a short-term rally may occur.

TD Sequential Hints at a Trend Shift

Ali, a well-known crypto analyst, highlighted the recent TD Sequential buy signal on the 4-hour TRUMP/USDT chart. This indicator often marks exhaustion in selling pressure, leading to potential trend reversals. The presence of a red “9” candle suggests the downward trend could be losing steam.

A black upward arrow above the candle further supports this bullish signal. The last candlestick shows a rejection of lower prices, indicating growing interest from buyers. However, the overall trend remains bearish, requiring strong momentum for a sustainable breakout.

Key Price Levels and Market Outlook

Currently, TRUMP/USDT trades near 16.552 USDT, showing minimal change in the latest session. The price tested a low of 16.207 USDT but rebounded slightly. Resistance at 17.000 USDT remains firm, where previous attempts to break higher failed. If the price can reclaim this level, a further push toward 18.000 USDT is possible.

Conversely, failure to hold current support near 16.200 USDT may trigger additional declines. A break below this zone could open the door for a drop toward 15.000 USDT.

Moreover, the clean design of the provided chart focuses on price action without extra indicators. While the TD Sequential suggests a reversal, the absence of volume data limits a full confirmation. Additionally, the projected grey path hints at further downside pressure, signaling cautious optimism for bulls.