$TRUMP at a Critical Crossroads – Opportunity or Further Downside?
The $TRUMP token is currently navigating a decisive market phase, with price action lingering around $7.50—down approximately 3.47% in the latest session. After a steep correction from its historical peak of $77.24, the asset has found itself approaching a major long-term support zone near $7.14. This level will likely play a key role in determining the token’s short-term trajectory.
Technical Overview:
Support Zone: $7.14 (long-term floor)
Resistance Levels: $7.89 and $9.20
Momentum Indicator: Slight bullish lean – buyer interest stands at 51.05%
Despite the recent weakness, volume suggests a slight advantage on the bid side, hinting that buyers haven’t fully retreated. However, momentum remains subdued, and the absence of a solid bounce indicates a lack of conviction at current levels. For traders, this means the next few candles could be crucial in confirming whether $TRUMP finds support or continues its descent.
What to Monitor:
A breakdown below the $7.14 support could trigger further do.
