The TRUMP meme coin has been on a consistent downtrend, failing to surpass $21.45. It dipped below $12 recently but rebounded due to political tensions between Trump and Zelensky.
Despite an 8% rise today, technical indicators reveal strong bearish pressures, with the coin unable to secure a stable support level.
Investor sentiment is negative, influenced by ongoing political issues. This may dampen new investments, deepening TRUMP's price drawdown unless significant change occurs.
Technical analysis shows TRUMP's Chaikin Money Flow indicator is declining, indicating investor confidence is waning.
Ethos suggests quick recovery is unlikely, with potential further declines to $11.07 or lower.
Джерело: beincrypto.com ↗