The TRUMP token surged nearly 90% in five days, rising from $1.39 to $2.62 on August 23rd, before experiencing a mild retracement. The TRUMP team sold $3.39 million worth, adding selling pressure that pushed the token below $3. The 78.6% Fibonacci retracement level at $1.86 could now be tested, as prices have fallen below the 61.8% level at $2.24. A drop below $1.76 would be an early sign of bearish dominance, while a break below the $1.36 swing low would confirm a bearish trend.
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