Current Metrics:
- TRUMP Price: $9.67 (-10.45%)
- Market Cap: $1.93 billion
- Trading Volume: $875.63 million
- Rank: 45th place
- Critical Support: $7.57-$7.56
📉 Clear Downtrend Established
TRUMP has entered a clear downtrend, losing ground steadily over the past few sessions. The recent pattern of lower highs and lower lows, paired with waning bullish strength, indicates that sellers are in firm control of the market structure.
The token’s daily closes have moved decisively below both the 9-day and 20-day exponential moving averages. These EMAs are now angling downward — a sign that short- and medium-term momentum has flipped in favor of the bears.
📊 Momentum Indicators Signal Continued Weakness
The MACD continues to deepen into bearish territory:
- Gap between MACD and signal line has widened
- Histogram remains negative
- Reflects persistent bearish momentum with no current signs of reversal
The RSI is tracking below the midline, lingering in a zone typically associated with oversold conditions. However, it’s not yet turning upward, suggesting bulls are still hesitant to re-enter.
🎯 Critical Technical Levels
Key Support: TRUMP is hovering just above its key support zone at $7.57–$7.56. This area is critical — if it breaks, further downside acceleration could occur.
Resistance Levels:
- First significant resistance: $11.89 (near 9-day EMA)
- Next level: $12.18
- For broader recovery: strong close above $14.71 (recent high)
🔄 TRUMP Trade Strategy: Bear Bias but Watch for Traps
For Short Traders:
- Rallies toward 9- or 20-day EMAs may offer entry opportunities
- Targets near $7.57 support area
- Caution advised near support zone — breakdown could be sharp
For Long Traders:
- Confirmation essential: reclaim of 9-day EMA
- Backed by MACD crossover or bullish RSI reversal
- Until then, any long setups are speculative and counter-trend
⚠️ Risks and Opportunities
A successful defense of $7.57 support could pave the way for a short-term bounce — especially if coupled with divergence or volume spike.
However, a breakdown below could trigger downside acceleration as traders cut losses and look for lower re-entry points.
Bottom Line: TRUMP’s bearish technical setup with price below key EMAs, negative MACD, and approach to critical $7.57 support suggests continued weakness, with any recovery requiring strong confirmation above $11.89 resistance to shift the bearish narrative.