#USDT Market Cap New High#

The chart shows the 4-hour time frame of the TRUMP/USDT coin. The current price is 15.684 USDT, which is 18.17% higher over the last 24 hours. Let's take a look at the key indicators and trends:
Price and trend: After a prolonged period of consolidation around 7-8 USDT, the price has sharply increased, breaking the resistance level at 14.599 USDT and reaching a maximum of 16.462 USDT. This indicates a strong bullish momentum.
Moving averages (MA):
EMA5 (15.381) is above EMA10 (14.773), EMA20 (13.631) and EMA60 (11.148), which confirms the upward trend.
The price is significantly above all moving averages, which indicates a possible overbought condition.
Volumes: Trading volumes increased from 21.00K to 217.00K during the price rise, which confirms the strength of the movement. The 24-hour volume is 6.38M ( total 96.81M), which is high.
RSI:
RSI(6) = 85.062, RSI(12) = 90.337, RSI(24) = 77.358 — all indicators are in the overbought zone (>70). This is a signal for a possible correction.
The Stochastic RSI (StochRSI) also indicates overbought conditions (14.3), but its MA (0.992) may suggest a short-term decline.
KDJ: K (79.3), D (76.308), J (78.545) — the indicator is also in the overbought zone, but J is starting to decrease, which could be an early signal of a reversal.
Expectations:
Short-term outlook: Considering the overbought condition based on RSI and KDJ, a correction is likely. The nearest support level is around 14.599 USDT (previous resistance). If the price does not hold, a pullback to 11.805 USDT (moving average zone) is possible.
Medium-term: If the bullish momentum continues, the price could test the 17.393 USDT level (следующее сопротивление). However, a pullback and consolidation are needed to continue growing.
Risks: High volatility (24H Vol 6.38M) and overbought conditions increase the risk of a sharp decline, especially if volumes start to decrease.
Recommendation: Monitor the levels of 14.599 and 17.393 USDT. If you plan to trade, wait for confirmation of a reversal or correction, as the current overbought condition may lead to a pullback. #Crypto Market Rebounds#