TRUMP currently sits at 12.65 USD and must rise by 15% to reach 14.52 USD, risking 31 million USD in liquidations for short positions. Bearish sentiment grows as the RSI shows a downward trend, indicating potential for further declines.
The potential for a price decline seems to outweigh recovery chances. A move past 13.36 USD might alter investor sentiment, but failing to maintain current support could push prices lower, perhaps to 10.97 USD.
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