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The TRUMP speculative asset is currently under severe distribution pressure following the heating up of negative narratives surrounding the meme coin's utility. Criticism from investment figure Anthony Scaramucci, who highlighted the TRUMP coin as a market manipulation instrument hindering digital asset regulation (CLARITY Act), had a direct impact on the destruction of speculator sentiment. This panic is clearly depicted in the daily and hourly technical structures, where the price slipped sharply penetrating a series of liquidity protection boundaries until it slumped to the $1.38 (Rp24553) level. The absence of absorption interest at the price base confirms that this instrument is still in a dominant downtrend trajectory. The liquidation flow is projected to continue testing the weakness of the nearest structural support at the $1.365 (Rp24286) point over the next 3 days, with widening downside room toward the lower psychological zone at $1.2 (Rp21350) should offloading continue.
Sudden publicity maneuvers from related parties could trigger a buy-side anomaly rally (short squeeze). This weakening trend is declared broken if shock volume successfully breaches back the resistance ceiling at the $1.56 (Rp27756) mark.
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