TRUMP Token Price Retreat From $10.30 Resistance As Price Remains in Multi-Month Consolidation

TRUMP/USDT Price Analysis – Trump Token Fails to Recover Strength

After a brief show of strength, the asset faces rejection from $10.30 key resistance level, with indicators pointing to fading momentum within a prolonged low-volatility environment. The TRUMP token price is characterized by a protracted period of sideways consolidation following an initial, highly volatile price spike earlier in the year. The market is currently in a state of indecision, trapped within a well-defined range. A recent attempt by buyers to push the price higher was met with significant selling pressure, suggesting that bears still control the upper boundaries of the trading range, while bulls defend the long-term support.

TRUMP Key Levels

Support Levels: $6.10
Resistance Levels: $10.30, $24.60

TRUMP Long-Term Trend: Bearish (Daily Chart)

The daily chart for TRUMP/USDT illustrates a market that has been largely dormant for nearly six months. Following a massive price surge in late January that saw the price briefly touch highs above $79.00, the token experienced a severe correction, eventually finding a solid base of support at the $6.10 level. Since February, the price has been oscillating in a wide but generally flat channel, failing to establish any meaningful trend.

As of the chart snapshot, the asset is trading at $9.32, positioned in the middle of this long-term consolidation range. The market’s behavior signifies a complete dissipation of the initial speculative fervor, leading to a state of equilibrium.

For a new trend to emerge, the price must decisively break either the crucial support at $6.10 or the multi-month resistance area capped by $10.39 and, more significantly, $24.60 key level. The Bollinger Bands (BB) on this timeframe are exceptionally tight and have been for months. This extreme contraction indicates a period of very low volatility, often referred to as a “squeeze.” Such conditions suggest the market is building energy for an eventual, powerful breakout, though the timing and direction remain uncertain.

TRUMP Short-Term Trend: Bearish (4-Hour Chart)

Trump Token timeframe highlights a failed breakout attempt. After a modest rally that began around July 9th, the price pushed up to test the key resistance at $10.30. However, it was firmly rejected from this level, and sellers have since pushed the price back down below the middle Bollinger Band.

This rejection from resistance signifies that, in the short term, sellers have regained control. The immediate outlook is bearish, with a potential retest of the lower part of the range near the $8.00-$8.50 area.

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