TRUMP Price Analysis: Breaking the Daily Wedge or Losing Support

The price of TRUMP is currently trading around $1.44, down 1% on the day after moving between $1.43 and $1.46 over the last 24 hours.

A technical analysis by Coin Gabbar suggests that the next few candles will be crucial in determining whether the daily wedge breaks up or down.

If the upper boundary of the wedge is cleared with volume behind it, there's room for TRUMP to run higher, potentially reaching $1.710 and then $2.014.

However, if the support level at $1.406 is lost, the chart points toward a lower Fibonacci extension level of 1.618 near $1.219.