TRUMP Memecoin Price Prediction: Bearish Trend Continues with Key Support at $10 Amid Strong Sell Pressure
The TRUMP memecoin (TRUMP) has faced a sharp and sustained decline, with technical analysis across both articles signaling ongoing bearish momentum. In the past week, TRUMP dropped over 16%, trading as low as $10.43 and currently fluctuating near $11.04. Whale activity—including a large $4.53 million withdrawal—has not reversed bearish sentiment, as increased sell volumes and negative exchange netflows prevail. Technical indicators such as MACD, RSI, Chande Momentum Oscillator, Ichimoku Cloud, and Stoch RSI point to persistent weakness and growing negative momentum across multiple timeframes. The price remains confined within a broad symmetrical triangle, with critical resistance at $12.00–$15.80 and support at $9.40–$10.00. A failed breakout and aggressive selling have shifted focus to the $10.80–$11.20 range; if the $10.00–$9.40 support zone breaks, prices could slide toward $9.00. Volatility is expected to spike in late June, driven more by liquidations than organic buying. Unless $TRUMP reclaims resistance at $11.60–$12.80 with strong volume, bearish or range-bound action is likely to persist. Traders should closely monitor support and resistance levels, as a breakdown below $10.00 may trigger accelerated sell-offs, while regaining $12.80 could open the door to $14.00. The overall outlook remains bearish to neutral for June 2025, with caution advised due to prevailing retail pessimism and strong negative momentum.
Bearish
Analysis across both reports consistently highlights bearish momentum for the TRUMP memecoin. Persistent strong sell pressure, increased short positions, negative technical indicators (including MACD, RSI, and EMA crossovers), and aggressive sell volumes all point toward continued weakness. Support near $10.00 is crucial—if breached, further downside is expected. Low organic buying interest and anticipated volatility due to liquidations suggest little chance of a sustained bullish reversal in the near term. Only a decisive reclaiming of resistance above $11.60–$12.80 with robust volume could shift the outlook, but as of now, traders should prepare for continued bearish or sideways action into June 2025.