The current price of Official Trump (TRUMP) is $3.40, reflecting a 24-hour decline of 5.05%. The daily trading range is narrow at 0.24%, indicating reduced volatility and potentially lower trader interest in the short term.

Volume stands at approximately 104.73 million, which constitutes 13.28% of the market cap, suggesting a reasonable level of trading activity relative to its size. However, the negative price movement and a high trading volume could indicate selling pressure, which is further corroborated by the 1-hour RSI at 23, signaling oversold conditions.

The hourly moving averages show a bearish trend, with the 8 SMA at $3.44 down 1.21% and the 55 SMA at $3.47 down 2.10%. Longer-term moving averages are also trending downward, with the 21 SMA at $3.52 down 3.49% and the 13 SMA at $3.49 down 2.48%, suggesting sustained downward momentum.

The 7-day RSI at 50 indicates a neutral sentiment, while the 14-day and 30-day price changes of -17.35% and -36.69%, respectively, highlight significant recent losses. The all-time high of $73.43 remains a distant target, reflecting the current bearish sentiment and long-term challenges for TRUMP.

Based on this data, the recommendation is to Hold. While the asset is currently oversold and could present a potential buying opportunity if it stabilizes, the persistent downtrend in moving averages and negative price changes over various time frames suggest caution. It may be prudent to wait for clearer signals of recovery before making any buying decisions.