$TRUMP is traded at US$9.17, holding above the support level of US$9.04. The movement within this range indicates that the price could continue to consolidate between the support of US$9.04 and the resistance of US$9.63. Market uncertainty suggests a period of low volatility.
However, if the outflow continues, TRUMP could fall through the support of US$9.04 and drop to the next support level at US$8.43. This would extend the losses and apply further pressure on the price, signaling potential declines.
On the other hand, if TRUMP manages to turn the resistance level of US$9.63 into support, the price could head towards US$10.00. This would require a shift in investor sentiment, possibly driven by renewed confidence in the potential of this asset
