Official Trump (TRUMP) is currently trading at $3.43, reflecting a 5.04% increase over the past 24 hours. The price has seen a daily high of $3.43 and a low of $3.25, indicating relatively stable trading conditions within a narrow range of 0.18%.

Volume has reached approximately 79.4 million, representing 9.95% of the market cap, which suggests a solid level of trading activity. The hourly moving averages show positive momentum, with the 55 SMA at $3.29 indicating a 4.32% increase, while shorter averages are also trending upwards, signifying bullish sentiment in the near term.

The 1-hour RSI at 82 indicates that the asset is overbought in the very short term, which may lead to a price correction. However, the 7-day RSI at 51 suggests that the asset is neither overbought nor oversold, reflecting a more neutral sentiment over the past week.

Despite the positive daily performance, the 7-day, 14-day, and 30-day price changes show declines of -2.09%, -23.06%, and -38.01%, respectively, indicating a longer-term bearish trend. The all-time high of $73.43 achieved on January 19, 2025, remains a significant distance away, posing a challenge for recovery to previous levels.

Given the current overbought conditions in the short term and the longer-term bearish trends, a cautious approach is warranted. The recommendation is to Hold TRUMP at this time, allowing for potential profit-taking or re-evaluation as the market conditions evolve, particularly if corrections occur in the near term.