After an explosive debut that saw $TRUMP /USDT rocket to a wild high of $77.24, the meme coin has come crashing down to reality, currently trading at $13.74—a steep drop that mirrors the volatility typical of hype-driven assets. The weekly candle chart shows a clear parabolic rise followed by a sharp correction, which is often a telltale sign of speculative mania cooling off. But while the steep decline is sobering, there's more to unpack here.
Interestingly, the token seems to be trying to find its footing. After bottoming out around $7.14, it's showing signs of stabilization and a slight upward tick in recent candles. This suggests a possible formation of a base—a level where buyers are starting to accumulate again. Volume has also seen a noticeable increase recently, which might imply that the worst of the panic selling is over and some speculative interest is returning.
The order book shows a fairly balanced tug-of-war between buyers and sellers, with 50.51% buy pressure slightly edging out 49.49% on the sell side. That equilibrium could tip in either direction, but it's a good sign that buyers haven’t vanished. Meanwhile, volatility remains a key factor. This coin moves fast, and its future trend will likely follow sentiment more than fundamentals—especially with the political branding fueling its meme potential.
If the price manages to hold above the $13 support zone and break the minor resistance at $15, we could see a short-term recovery toward the $19-$20 level. But if selling resumes, it may retest support closer to $10 or even revisit $7, depending on broader market sentiment.
Bottom line? TRUMP/USDT looks like it's trying to shift from a free fall into consolidation mode. Whether it’s the beginning of a new bullish phase or just a pause before further decline will largely depend on hype cycles, social media trends, and meme momentum.
