President-elect Donald Trump has launched a new token called OFFICIAL TRUMP (TRUMP), which has seen a significant increase in value, rising by over 180% and trading at $18.61 currently. However, there are bearish signals on its hourly chart that suggest a potential reversal. Despite its rapid rise, the trading volume for TRUMP has been steadily dropping, indicating weakening demand. Additionally, the Chaikin Money Flow (CMF) for TRUMP has remained in a downtrend, forming a bearish divergence. This suggests that the buying pressure is weakening despite the price increase, hinting at a potential reversal. If this trend continues, TRUMP could drop to $14.85, but if the current trend is sustained, it could reclaim its all-time high of $19.39 and continue to reach new highs.



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