TRUMP Token Breaks Out of Falling Wedge, Eyes 125% Rally

The TRUMP token experienced a significant breakout from its descending wedge pattern, surging by 10.9% in the past 24 hours. Analysts closely observe for further confirmation and potential for a 125% rally to $18.94 if momentum persists. Breakout volume will play a crucial role in shaping market sentiment as support is set at $7.64, with resistance at $8.64. Technical indicators suggest the token may have bottomed out after substantial price declines, sparking hope for a recovery phase. Traders anticipate a potential upward trend following this breakout from the wedge formation.