TRUMP Still Remains Bearish As US-Ukraine Tensions Rise
Trump meme coins have In the continuous downward trend of the past month, failure Overcoming the barrier of $21.45. The token fell below $12 earlier this week but recovered after a political clash between U.S. President Donald Trump and Ukrainian President Zelensky.
Despite an 8% increase today, the technical indicators show persistent bearish pressure as meme coins struggle to find support levels.
Trump faces bearish pressure
Investor sentiment around Trump is largely negative In recent days. With the political showdown between Trump and Zelensky causing a huge sensation on social media, the meme coin saw some buying action today, but the overall momentum remains low.
This reflects confidence in any immediate price recovery.
Negative sentiment around political conditions may prevent new investments, which will only deepen Trump’s continued price reduction. This overall atmosphere suggests that unless there is a significant change, it may decline further.
Technical Indicators Trump reflects Overall negative market sentiment. The Chaikin Currency Flow (CMF) indicator that tracks the accumulation and allocation of assets shows a significant downward trend.
The CMF failed to fix the neutral line as support, indicating that the inflow floating on Altcoin once turned out to flow out.
This reflects a weaker investor confidence, which is exacerbated by ongoing political tensions and a lack of bullish triggers for assets. If the broader market or sentiment is not changed, the pressure on the decline of Trump prices is expected to continue.
Trump’s price may drop further
Trump’s price has recently hit a new low of $11.07, a sharp drop from previous levels. At the time of writing, Altcoin managed to recover slightly to $13.12, but is still under key resistance of $14.48.
This obstacle has proven to be difficult to overcome, suggesting that altcoins can continue to struggle in the short term.
If bearishness persists due to political factors, e.g. Trump’s tariffs Policy, Trump can slide further. The next potential support level is $11.07, and if it fails, the altcoin may drop below $10.00, deepening investors’ losses.
Given current conditions, prices may continue to decline unless market leads change.
While the likelihood of breaking the $14.48 resistance seems low, positive developments in the wider market may bring some relief. If this happens, Trump can try To flip the $16.00 level into support, but it may face mergers below the key $21.45 obstacle.
Disclaimer
and Trust Project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and impartial reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions,,,,, Privacy Policyand Disclaimer Updated.
