TRUMP, a cryptocurrency asset currently trading around $7.53, has experienced a decline in trading volume. With over 43% decrease, the broader crypto market cap has dropped to $3.37 trillion, with most assets trading in the red zone. The price action of TRUMP has been volatile; Bitcoin (BTC) is hovering at $100,700 while Ethereum (ETH) trades around $3,200. 4.6% drop in 24 hours pushed TRUMP’s price down from a high of $7.95 to a low of $7.54. With continued bearish pressure, the asset could fall further and revisit the previous support at $7.45. 7.53 mark as per CoinMarketCap data, and market cap reaching $1.49 billion. Daily trading volume has decreased significantly with a dip to $618.33 million. The bearish trends in TRUMP’s price movement are evident from the MACD line being below the signal line, indicating potential downside risk. Additionally, the Chaikin Money Flow (CMF) indicator at 0.15 suggests moderate buying pressure. Although the market might see a bullish bias with more momentum, the overall market is neutral, as indicated by the RSI of 49.85. The Bull Bear Power (BBP) reading of -0.062 points towards slight bearish control in the market, and sellers may exert further downward pressure on TRUMP’s price.