TRUMP has seen a 7% rise in the last 24 hours, trading at $10.34. Despite this short-term gain, the altcoin's outlook remains bearish. Influenced by ongoing market conditions and the conflict between Elon Musk and Donald Trump, the broader sentiment is uncertain.

The Relative Strength Index (RSI) for TRUMP is in the negative zone. A sustained period here indicates weak buying momentum and a market dominated by sellers.

The Chaikin Money Flow (CMF) indicator shows significant outflows from TRUMP, highlighting declining investor confidence in the token's long-term value.

The ongoing Musk-Trump conflict contributes to the bearish market sentiment. According to Nic Puckrin, this could impact the broader market negatively.

TRUMP's price faces resistance at $10.97. Without strong buying momentum, the token is likely to remain between $10.97 and $9.68, limiting recovery prospects.