Musk vs Trump Feud Escalates! Tesla Plummets by $150 Billion, Trump Coin Crashes: Opportunity or Pitfall?

Musk and Trump have clashed, and the tension is rising! This dispute not only sparked a public outcry but also directly ignited the market.

First, let's look at Tesla, which saw a heavy drop of 14.26% overnight, evaporating $150 billion in market value, leaving investors in shock. Meanwhile, $TRUMP also did not escape the fate of sanctions — the price dropped by 10.4%, shrinking its market value to $1.94 billion, becoming the 'champion of the plunge' for the day.

But don’t rush to conclusions; although the price is weakening, funds are still pouring in. In the past 24 hours, trading volume surged over 206%, indicating that while emotions are hurt, the game is not over yet.

From a technical perspective:

Current price: $9.79

Key support: $9.38, if it breaks below, it may head straight for $8.58

Resistance for rebound: $10.33, $11.14

For the bulls to turn the tide, they must first break through the hurdle at $10.33 (9MA)

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