The TRUMP meme coin has been experiencing a continuous downtrend, failing to surpass the $21.45 barrier. It briefly fell below $12 but recovered after the clash between US President Donald Trump and Ukrainian President Zelensky. The overall investor sentiment is negative, with a lack of confidence in immediate price recovery. The technical indicators, such as the Chaikin Money Flow (CMF), show a clear downward trend and weakening investor confidence. TRUMP recently hit a new low of $11.07 and has struggled to overcome the critical resistance of $14.48. If the bearish momentum continues due to political factors, TRUMP could slide further, potentially falling below $10.00. However, positive developments in the broader market could bring some relief, though breaking through the $14.48 resistance seems unlikely.



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