Technical analysis by BeInCrypto about Symbol TRUMP on 8/16/2025

TRUMPUSDT is currently trading at $9.17, holding above the support level of $9.04. This range-bound movement suggests that the price could continue consolidating between the $9.04 support and the resistance of $9.63. The market’s indecisiveness points to a period of low volatility. However, if the outflows continue, TRUMPUSDT could fall through the $9.04 support and fall to the next support level of $8.43. This would extend the losses and put further downward pressure on the price, signaling a potential decline. On the other hand, if TRUMPUSDT manages to flip the $9.63 resistance level into support, it could make its way towards $10.00 . This would require a change in investor sentiment, likely driven by renewed confidence in the asset's potential.