🌕 Gate Square · Mid-Autumn Creator Incentive Program is Live!
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
💡 Post Ideas:
1️⃣ How do you see AI tokens evolving?
2️⃣ Wh
Is Official Trump (TRUMP) Poised for a Breakout? Key Pattern Formation Suggests So!
Date: Tue, Sept 09, 2025 | 05:40 AM GMT The cryptocurrency market is showing renewed strength, with Ethereum (ETH) holding steady near the $4,300 level after retreating from its recent peak of $4,953. Riding on this stabilization, several memecoins are beginning to flash bullish signs — and Official Trump (TRUMP) is among the top ones to watch. $TRUMP is trading back in the green today, and more importantly, its chart is now displaying a key bullish formation that suggests a breakout could be around the corner.
Source: Coinmarketcap Falling Wedge in Play? On the daily chart, TRUMP is shaping a Falling Wedge pattern — a well-known bullish reversal structure that often signals the end of a prolonged downtrend and the beginning of upward momentum. Recently, the token faced rejection from the wedge’s resistance trendline, dragging the price lower toward its support base near $8.02. Buyers, however, stepped in strongly at this level, defending support and sparking a rebound. As of now, TRUMP is trading around $8.66, sitting just below wedge resistance.
Official Trump (TRUMP) Daily Chart/Coinsprobe (Source: Tradingview) This setup indicates that a breakout attempt could be imminent. What’s Next for TRUMP? If TRUMP breaks decisively above its wedge resistance and reclaims the 100-day moving average ($9.33), it would serve as a strong bullish confirmation. Such a move could ignite momentum toward the next target of around $12.69, based on the wedge’s measured move projection. On the flip side, if TRUMP fails to confirm a breakout and slips back, it could revisit its support trendline — a crucial level for bulls to defend in order to keep the bullish structure intact. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.