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- TRUMP token risks a sharp drop to $8 if the $10 support fails.
- Resistance at $11.05 holds, but bearish sentiment builds rapidly.
- A failure to break $10 could trigger further declines for TRUMP.
The TRUMP token is currently teetering on the fragile support line at $10. Currently at $10.16 and a 2.62% drop today, April 2, 2025, the risk of slipping toward the $8 territory will loom large. The breach below $10, according to an analyst, Ali Martinez (@ali_charts), could see a rapid decline in prices toward the second dollar lie. This isn’t just the work of a chart artist; it’s evident on Trading View’s 4-hour candlestick chart, wherein TRUMP has previously bounced off this support region.
Now, from a high of $13.4, the token has shed almost 24% in less than two weeks and every test of support becomes progressively weaker. Even if technical traders spot a temporary consolidation, historical price action indicates that there would be less support in volumes between $10 and $8, thereby possibly accelerating downside movement in case the current floor breaks.
Historical Data Highlights Rapid Price Compression
As per the data, the TRUMP goes upside till about $13.4 and then immediately rejects and slows downwards. Other than that, it has also lost more than 15% value of its market, with a decline from March 27, 2023, up to April 1 for the token- moving from $11.8 down to a low of $9.93. The chart below gives an April 2 Trading View testimony of clearly visible lower highs and tighter consolidation in the $10.1 to $10.4 range: Bears seem to be pushing very hard for the price. It is a case of descending strength rebound feels less potent than its predecessor.
An analysis of volume also indicates that buying activity appears to dwindle during the upticks, suggesting the buying momentum is losing steam. Support zones at $9.90 and $8.00 look vulnerable unless major inflows or change of sentiment come in to save the trend.
Support and Resistance Levels Paint a Cautious Picture
The structure currently has a resistance ceiling at $11.05, which has not been convincingly breached since March 25. Mid-range resistances around $10.70 and $11.90 serve as rejection points, and no breakout has been sustained beyond 24 hours in recent sessions. Now it’s for the $10.00 area clear by analysts’ eyes and buoyed by prior bounce level-becomes the last line before the expected plunge.
If bears succeed in pushing past this floor, support at $8.00 is likely to be tested next. Beneath that, $7.45 and $6.00 emerge as historical markers, although reaching those would imply a deeper market shift or external pressure. The historical wick to $7.2 on March 11 might not be a coincidence if momentum fades further.
Ali’s tweet warning of the drop attracted over 11,800 views within hours, reflecting an increasing worry among retail traders. Comments ranged from curiosity to disbelief, with one even asking whether the Q1 255% gain was based on gross capital or just risked amounts. Meanwhile, the sarcasm didn’t go unnoticed either-others tagged TRUMP as a “worthless token,” hinting at wavering community sentiment. Still, the chart objectively is clear: TRUMP must hold $10 or else lose another 20% against its current value. Binance’s 4-hour chart confirms this pressure.
