$TRUMP Bears Take Control as Support at $7.57 Faces Pressure

TRUMPUSDT is under growing pressure on the daily chart, with multiple indicators signaling continued weakness.

The price has dropped decisively below both the 9-day and 20-day EMAs, which are now sloping downward—an indication that bearish momentum is dominating in the short and medium term. The MACD histogram has widened in negative territory, with no signs of reversal yet, while the RSI remains trapped below the neutral 50 line, hinting at oversold conditions but not yet signaling a rebound.

Key support around the $7.57–$7.56 range is now in focus. A breakdown below this level could open the door to accelerated losses, while any bullish recovery would need to push back above the $11.89 resistance and reclaim the short-term EMAs for confirmation.

For traders, the trend favors short setups on weak bounces toward resistance. Long entries remain risky unless supported by momentum shifts on both the MACD and RSI.

#TechnicalAnalysis #TRUMPUSDT #CryptoTrading

Read the full analysis: www.ecoinimist.com/2025/06/06/trump-price-bears-take-control