TRUMPUSDT Trapped in Neutral Range as Headline Risks Loom
The Trump crypto asset, TRUMPUSDT, is currently trading at around $2.10, stuck in a range that suggests an impending breakout.
However, despite this calm chart, there are significant headline risks that could spark volatility at any moment.
A major contributor to these risks is the criticism from over 50 federal prosecutors regarding a financial arrangement tied to Donald Trump.
The daily chart of TRUMPUSDT remains neutral, with the RSI at 51.09 and MACD flat, indicating no directional conviction.