Technical analysis by BeInCrypto about Symbol TRUMP on 11/12/2025

OFFICIAL TRUMP has been trading within an ascending wedge for the past two and a half weeks, sitting at $7.86. This chart formation is typically a bearish signal, often preceding downward moves. If bearish factors persist, TRUMP could break below its current threshold. Weak buying pressure may drive a 19% decline toward the $6.24 support level. Alternatively, if the CMF pattern holds, TRUMP could bounce off the lower trend line and surge past $8.36 to test $9.00. While this move would invalidate the short-term bearish outlook, the broader downtrend is still intact.