⚡️ «TRUMP-token jumps by 7%, but a bear still lurks around the corner» ⚡️
What happened
In a day, TRUMP soared to $10.34 (+7%), but the technicals and background still signal ‘caution’. The main reason for the tension is the public spat between Elon Musk and Donald Trump, which is stirring news feeds and increasing volatility.
🔍 Indicators are not encouraging
• RSI remains in the ‘red’ zone — buyers are passive, sellers dominate.
• Chaikin Money Flow has fallen to a three-month low, indicating capital outflow.
🎯 Key levels
If positivity does not return and the influx of funds does not recover, TRUMP will trade sideways between 9.68 and 10.97. A breakout upwards with a close above $10.97 will pave the way to $12.18 and cancel the bearish scenario.
⚠️ Risks
1. The rhetoric of Musk and Trump — any new statement instantly swings the market.
2. Weak demand — without active buyers, even a brief spike can quickly deflate.
There is a short-term bounce, but for now, the indicators and news background are on the side of the bears. Watch the level of $10.97: it is there that it will be decided whether TRUMP becomes the harbinger of new growth or falls back under pressure.
