OFFICIAL TRUMP (TRUMP/USDT) Set for a Bullish Action After a Prolonged Corrective Move
Estimated Reading Time: 3 minutes
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The market for Official Trump against Tether is currently navigating through a phase of consolidation mixed with signs of weak bearish momentum which could potentially trigger a reversal.
The market for the pair appears to be cautiously bearish, as indicated by the chart’s overall downward. Though the price has consistently failed to break higher resistance levels, and there’s a visible compression of volatility. However, the appearance of smaller candlesticks with reduced volume towards the right of the chart signals indecision in the market.
Currently, Official Trump trades at $8.81 with over 1.46 million traded volumes for the day.
Technical Indicators
Major Resistance Levels: $8.92, $9.04, and $10.00
Major Support Levels: $8.60, $8.50, and $8.00
TRUMP Technical Analysis
Technically, the price of Official Trump against Tether has recently bounced from the lower region near $8.61 and reached $8.81, but it remains under pressure with the major resistance at $9.04. Though selling pressure still exists in the market, there’s potential for a reversal if it can clear the resistance at $9.04 as the Guppy Multiple Moving Averages (GMMA) compress with potential for an upside movement.
Also, the MACD histogram is showing a slight positive divergence, suggesting that downward momentum might be losing strength. However, the MACD line remains below the signal line, indicating caution as sellers’ dominance still exists.
To this end, a reduction in downward strength is not enough; a sustained breakout above $9.04 will be sufficient for a reversal after a bounce from $8.61.
$trump Interest cut coming the 17th September.
Triangle gonna break after 5 months consolidation.
Target : $15-$25#jeromepowell #btc pic.twitter.com/mLzeilCFqa— Wenged (@Wenged1) September 8, 2025
Meanwhile, @Wenged is of the opinion that a breakout is near for $TRUMP and that the token’s interest cut on September 17 will drive the price up. To this end, the analyst believes $15 to $25 may be the next target.
TRUMP/USDT Short-term Analysis: Preparing for Bullish Move
In the 4-hour chart for TRUMP/USDT, the pair seems to be observing an ongoing bullish move after a period of consolidation. The price is showing a steady increase and is currently building a base around the $8.80 level, with strong support forming around $8.69.
Moreover, the MACD appears to be showing strong positive momentum, with the indicator’s lines slightly crossing above the signal line, suggesting that the bulls are gaining control. Also, the GMMA indicates a bullish setup with short-term moving averages starting to rise above the long-term ones.
To this end, the key level to watch for a bullish reversal to take place remains $9.04, as a fall below $8.69 might indicate bearish continuation.
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