Official Trump (TRUMP) is currently priced at $3.38, reflecting a slight decrease of 1.27% over the last 24 hours. The trading range during this period has been relatively tight, with a high of $3.48 and a low of $3.35, indicating a daily volatility of just 0.13%.

Trading volume stands at approximately 93.5 million, which represents a significant 11.88% of the market cap, suggesting healthy liquidity. However, the hourly moving averages show a bearish trend, with the 55 SMA at $3.47 down 2.72%, indicating short-term selling pressure.

The 1-hour RSI is at 36, approaching oversold territory, while the 7-day RSI at 48 suggests a neutral sentiment but is also trending downwards. The 7-day price change shows a decline of over 5%, further supporting the bearish trend, while the 30-day price change indicates a substantial drop of nearly 29%.

Despite its all-time high of $73.43 in January 2025, the current price reflects a significant correction from this peak, emphasizing the need for caution. Given the bearish moving averages, declining RSI indicators, and recent price performance, the outlook appears negative in the short to medium term.

In summary, the technical indicators and recent price movements suggest that TRUMP is facing considerable selling pressure. Based on this analysis, a Sell rating is recommended, as further downside potential seems likely until stronger bullish signals emerge.