#TrumpTariffs $TRUMP
Technical & sentiment outlook
Analysts flag bearish indicators: RSI in negative territory, Chaikin Money Flow tilted toward outflows .
Resistance lies near ~$10.97–$11 range—failure to break higher could trap price between ~$9.7–$11 .
Short‑term moves appear tied to hype events rather than fundamentals—recent dips coincide with Trump-Musk spats .
---
🎤 Hype vs. fundamentals
Trump orchestrated an exclusive dinner for top holders in May, driving intense short-term buying through FOMO .
Memecoin critics warn this is classic pump‑and‑dump: insiders profit, retail left with volatility .
Even with recent rallies (+27–28%) tied to specific events, token remains down ~73–85% from peak .
🔍 So what’s next?
Short term (weeks to July unlock):
Expect continued volatility. More insider selling and unlocks may drive the price downward—potentially toward $6–$8, or even $3–$5 if sellers dominate . Occasional sharp pumps tied to Trump events aren't out of the question, but may fizzle fast.
Medium term (post‑unlock):
If the meme‑coin narrative fades and no new catalysts emerge (like utility or broader crypto sentiment shifts), expect sideways to weak downtrend—flat or lower until maybe next hype trigger (e.g., gala, Truth+ utility launch).
Long term:
Highly speculative memecoin—without real utility or broad adoption, long-term gains beyond hype cycles are unlikely. Projects like these tend to “die on headlines,” not fundamentals.
