Mimi currency risk 13 % in the event of a failure of $ 8.40 star-news.press/wp

Main meals

One of the expert noticed that if Trump loses $ 8.30, the next support will be at $ 7.30. Despite the declining expectations, investors and merchants seem bet on the upper side.

The official Trump (Trump) has formed a declining pattern on the daily chart, indicating that he may prepare for more negative aspect.

In the uncertainty, the MIM currency has already decreased by 18 % during the past week and is now standing at the level of making or breaking.

Expert prediction and current price momentum

Looking at the current market expectations, a Encryption expert He pointed out that Trump was sitting at a major support level of $ 8.4; If this is lost, the next support will be $ 7.3.

At the time of the press, Mimikoin Trump is hovering at $ 8.41, a decrease of 3.22 % over the past 24 hours. Despite its constant decrease in value, the sharing of the trader and the investor in Meme has increased significantly.

Coinmarketca data revealed that the trading volume in Trump 24 hours has increased by 40 % compared to the previous day.

This increase in trading volume amid low prices indicates a strong negative strength and works as a landmark for Trump holders.

Trump’s work prices and upcoming levels

Ambcrypto’s technical analysis reveals that Trump has formed a declining head and shoulder style on the daily chart and was hovering in the neck line.

Source: TradingView

The recent prices indicate that if the landfill and Trump continues to reduce the 8.40 -dollar neckline, he may follow a strong domination direction.

The daily candle that closes under this level may lead to a 13 % decrease, which may lead to a decrease in the price to $ 7.30.

In addition to the Haboodi expectations, the RSI’s relative index (RSI) sat in 39 years, at the time of the press, indicating poor momentum and continued negative pressure.

However, Bolinger ranges presented a contradictory signal.

Also, Trump was trading near the lower range limits, a historical level of price repercussions.

This can indicate a possible bounce, provided that interest returns are purchased.

Motoric flash in the chain is the reflection signal ascending

Despite the downward expectations, investors appear to have an optimistic view because they continue to accumulate.

Data from the analysis platform on the series Coinglass It reveals that Trump worth $ 15 million has been launched from the stock exchanges over the past 24 hours.

This large flow of symbols indicates a potential accumulation and can reduce the pressure pressure.

Source: Coinglass

Meanwhile, merchants are also following the path of investors by betting heavily on the upper side.

Coinglass data shows that merchants are in a large position on $ 8.25 and $ 8.59, and are currently being overlooked at these points.

Over the past 24 hours, they have built long jobs worth $ 5.36 million and $ 3.52 million in short positions.

Source: Coinglass

When combining this scale, it appears that the bulls dominate the mechanics and try to fade the declining momentum.