$TRUMP Token Drops Sharply – Is a Rebound Ahead? 📉🔥

The $TRUMP token has seen a dramatic decline, falling from highs of $70 and $65 to just $17.53. In the last 24 hours, it peaked at $22.65 and dropped to a low of $16.12, currently down 15.18% as bearish pressure builds.

📊 Market Overview & Key Indicators:

✅ RSI: At 23.93, indicating oversold conditions and potential for a bounce.

❌ MACD: Still showing strong bearish momentum, with no clear sign of a reversal.

🚀 Key Price Levels to Monitor:

Resistance:

$19.50 – Bulls need to reclaim this level.

$22.65 – A breakout above this level could shift momentum to bullish.

Support:

$16.12 – Immediate support; a breakdown could lead to more losses.

$13.00 – A critical support level; breaking this could trigger a deeper decline.

📉 What’s Next for $TRUMP?

The token is near key support, suggesting selling pressure may be easing. A short-term bounce could occur if buyers step in, but if $16.12 breaks, prices may fall to $15 or even $13.

💡 Traders' Strategy:

Watch for a move above $19.50—if this level is broken, it could signal a recovery. However, if the sell-off continues, using tight stop-losses will be crucial for managing risk.

🔥 Will buyers step in, or is there more downside to come? Let me know if you want a detailed trade setup with entry points, targets, and risk management!

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