MAGA / Tether USD
Long

MAGA (TRUMP)

530
MAGA (TRUMP)
MAGA (TRUMP) token which is associated with the U.S. Presidential candidate Donald Trump also remains in the top poliFi tokens. A $129.647 Million market cap makes it the 2nd largest politiFi token and 271st token in the crypto space.

At the time of writing, MAGA (TRUMP) was exchanging hands close to $3.20 recording a slight 0.46% positive gain in Intraday. The daily chart highlights a consolidation in the last couple of weeks with support at $2.4 and $5.2 level as resistance.

Now, a sustained move above the $5.2 level may validate a bullish reversal and the price may show gains of nearly 40% to reach the next supply of $7.5 level. On the other hand, if the selling pressure exceeds and the price breaks on the lower side, it may result in a bearish continuation towards the psychological $2 level.

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