🇺🇸 $TRUMP Token on the Edge — Breakdown or Bounce Incoming?
Current Price: $9.72
The Official Trump Coin ($TRUMP) is hovering near a critical inflection point. After weeks of steady decline from its highs in May, the token is now retesting a multi-week support level — and traders are watching closely.
🔍 Technical Breakdown
Moving Averages:
7-day MA (Yellow): $10.77 — Short-term resistance. The price is trading well below, showing weak immediate momentum.
25-day MA (Purple): $12.37 — Mid-term trend firmly bearish.
99-day MA (Blue): $11.38 — Long-term trend resistance; remains untested since the downtrend began.
Chart Structure:
The price has broken below the $10.00 support, a key psychological and structural level that held through late May.
There’s no bullish divergence on major momentum indicators, such as RSI or MACD — suggesting bears are still in control.
Volume remains low, indicating a lack of strong buying interest at current levels.
🧭 Key Levels to Watch
Immediate Support: $9.50 — Holding for now, but fragile. A breakdown below this could lead to an accelerated sell-off.
Next Support Zone: $8.20–$7.80 — Where many bulls may step in for a potential longer-term bounce.
Upside Reversal Needs: A daily candle close above $11.00 to signal any potential bullish momentum return.
⚠️ Sentiment & Risk Outlook
The current setup places TRUMP in high-risk, high-reward territory. Unless bulls defend the $9.50 support convincingly, the next leg could bring sharp losses. However, for contrarian traders, this zone also offers a potential low-entry point — but only with strong confirmation.
Until then, the trend remains clearly bearish, and jumping in without signs of reversal could be dangerous.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Crypto markets are volatile — trade smart, manage risk, and wait for confirmation.