As of February 2, 2025, TRUMP tests a significant support at 23.88 USD, accompanied by an RSI of 32.79. Market sentiment remains cautious, affected by a decline in social volume and a drop in Open Interest.
Increased buying pressure could allow TRUMP to break through key resistance at 28.13 USD, with a possible surge towards 40 USD. However, mixed sentiments among investors may complicate this potential recovery.
With Open Interest down by 4.54%, trader confidence appears weakened, reflecting a cautious approach in the market. As TRUMP’s price sits at a critical juncture, close monitoring of key levels is essential for trend assessments.
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