OFFICIAL TRUMP (TRUMP/USDT) Faces Price Struggles Below $7.73
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The market for Official Trump against Tether has faced significant technical struggles in recent weeks. Also, the fears surrounding the coin’s market dilution are growing due to the fact that more than 65% of the total supply is held.
These factors combined make the outlook uncertain for the token, as investors wrestle with both technical and fundamental concerns.
However, over the last few months, the pair has experienced erratic movement, struggling to build above support levels. The recent price action shows the coin struggling to stay above the $7.50 level, with the major indicators showing Official Trump displaying low volatility.
As it stands, Official Trump trades at $7.55 with a moderate volume of 4.54 million for the day.
Technical Indicators
Major Resistance Levels: $7.76, $8.37, and $9.00
Major Support Levels: $7.47, $7.15, and $6.75
Technical Analysis
Based on the daily chart, Official Trump against Tether is consolidating as the price continues to struggle below $7.73.
The MACD’s negative histogram and the contraction of the Bollinger Bands point to potential continued weakness in the short term. Also, the rate of participation recorded by the volume indicator signals that the market lacks enough strength to propel in either direction.
To this end, if the price falls further and breaches the $7.47 support, we could see a deeper correction toward $7.15 or even $6.75. On the other hand, a push above the $7.76 resistance would shift the market’s focus to the next level at $8.37. However, both conditions require increasing volume.
JUST IN: $TRUMP memecoin sees a surge in open interest and volume amid plans to raise between $200M and $1B for a digital asset treasury. pic.twitter.com/c0q2zCJQaR
— Andres Meneses (@andreswifitv) October 8, 2025
Meanwhile, @andreswifitv shared a post on X, stating $TRUMP has seen a massive increase in open interest, which can be linked to the plan to raise a $200 million to $1 billion fund for a digital asset treasury.
TRUMPUSDT Analysis: Where from Here?
TRUMP/USDT on the 4-hour chart signals a market without direction. Meanwhile, in the recent session, the price has failed to hold above key resistance at $7.77, showing signs of a potential pullback. Additionally, the Bollinger Bands are contracting, indicating reduced volatility, but the price action remains stuck in between oversold section of the Bollinger Bands. However, the recent sharp spike followed by a quick drop further confirms investor hesitation and a lack of strong buying volume.
To this end, if the price doesn’t reclaim the $7.77 resistance, the next support level at $7.46 could come into play.
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