Trump meme coin falls 16% as short sellers remain highly active

The OFFICIAL TRUMP meme coin has dropped to 11.08 USD, down 16% after not breaking the resistance at 16 USD. This decline reflects active short-selling in the market, yet positive capital inflow indicates some investor confidence remains.

Key support is observed at 10.29 USD, and falling below could lead to further decreases. Recovery above 12.18 USD may restore bullish sentiment, offering potential upside for TRUMP traders.

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