The Donald Trump-linked meme coin MAGA (TRUMP) has experienced a significant decline in the past week, despite the broader market rally following Trump's victory in the 2024 US presidential elections. TRUMP is currently trading at $1.48, which is a 35% drop in the past seven days. The Aroon Down Line indicator suggests a strong downward trend for TRUMP, while the MACD indicator confirms increasing selling pressure. If the decline continues, TRUMP's next price target is its year-to-date low of $0.14. However, the Relative Strength Index (RSI) indicates that TRUMP is nearing oversold levels and may experience a price rebound towards $3.92.



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