TRUMP meme coin is showing signs of fresh upward momentum, targeting a rally towards $16.50 with key support at $13 after a period of consolidation.
The current trading price for TRUMP is $12.78 with a 24-hour trading volume of $671.08M and a market cap of $2.55B, indicating significant price movement up by 64.55% over the last month.
Analyst Emma notes that TRUMP has rebounded from lows to a potential high target of $16.46, currently in a period of sideways consolidation with support at $13 and resistance at $13.37 and $14.20.
A breakout above the $14.20 resistance level could push TRUMP towards $15.50, while a drop below $12.30 would invalidate the bullish outlook, serving as a stop-loss level for traders.