TRUMP/USDT Dips Below $9.62 Key Level After Breakdown

OFFICIAL TRUMP Price Analysis – October 7

OFFICIAL TRUMP is experiencing a sharp decline following a range breakdown, now testing lower supports amid heightened volatility. As meme coin sentiment wanes, sellers dominate, but oversold conditions could invite a short-term bounce if buyers defend critical zones.

OFFICIAL TRUMP Key Levels

Support Levels: $7.59, $5.00, $2.50
Resistance Levels: $9.62, $11.84, $15.00

OFFICIAL TRUMP Long-Term Trend: Bearish (Daily Chart)

TRUMP/USDT reveals a reversal structure from earlier highs above $24. This is however marked by a steep downtrend channel with lower highs and a recent breakdown from a consolidation rectangle around $9.62-$11.84. This shift underscores bearish control, potentially targeting deeper liquidity as price compresses lower.

The Money Flow Index (MFI, 14) at 53.42 sits near neutral but with a downward trajectory, reflecting reduced inflows that confirm the trend’s weakness and leave room for further capitulation if it breaches 40.

TRUMP is currently priced at $7.57, up +0.53% on the day after an intraday recovery. Sellers remain in command, with the drop highlighting vulnerability, but the modest gain suggests possible stabilization if broader market risk appetite returns. A Bollinger Band snap-back above the middle band ($8.38) could spark a relief rally to $9.62 key zone.

Official Trump Short-Term Trend: Bearish (4-Hour Chart)

On the 4-hour chart, TRUMP/USDT exhibits trending lower with aggressive breakdowns, currently at $7.55 showing 0.00% change but following a volatility spike from $10+ levels.

The MFI (14) reads 48.42, dipping toward oversold and signaling short-term exhaustion that might fuel a counter-move if divergence emerges.

Bollinger Bands widen post-breakdown, with price at the lower edge ($7.48), pointing to continued volatility bias downward until contraction signals equilibrium.

Make money without lifting your fingers: Start using a world-class auto trading solution 

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results.