Official Trump (TRUMP) is currently trading at $3.41, reflecting a slight increase of 1.96% over the past 24 hours. The daily price range has remained tight, with a high of $3.48 and a low of $3.34, indicating limited volatility during this period.

Trading volume stands at approximately 127 million, representing 16.05% of the market cap, suggesting a moderately active trading environment. However, the short-term moving averages (8, 13, and 21 SMA) show minor positive momentum, while the 144 SMA indicates a significant downtrend, having declined by 10.73% from its average price.

The 1-hour RSI is at 42, indicating a neutral to slightly bearish sentiment, while the 7-day RSI at 40 further corroborates the lack of upward momentum. Over the last week, the price has dropped by 19.21%, and significant longer-term declines of 30.15% over 14 days and 36.35% over 30 days underscore a bearish trend.

The all-time high of $73.43, reached on January 19, 2025, highlights the potential for significant appreciation; however, the current price reflects a stark contrast to that level. Given the ongoing downtrend and the bearish RSI readings, coupled with tight daily ranges and lackluster momentum, the outlook remains cautious.

In conclusion, the current market conditions suggest a HOLD rating for TRUMP. While there is potential for recovery, the prevailing downtrend and weak momentum indicators necessitate a cautious approach, awaiting signs of stabilization before considering a buy.