TRUMP coin hits rock bottom, shedding value amid tariff conflicts led by the US President. Market bears dominate, hindering any potential recovery. Traders now favor short positions as optimism dwindles. Funding rates reach new lows, signaling bearish preferences and a bleak outlook. With selling pressure reigning, TRUMP struggles to find stability.

Technical analyses reveal a grim picture, with the RSI stuck in bearish territory since early February. The absence of a turnaround indicates a prolonged downturn, casting doubts on any near-term recovery. The recent dive to an all-time low of $14.29 amplifies concerns, with further decline likely imminent.

Prospects of breaching the $10 threshold loom large, posing severe challenges for TRUMP's valuation. Reclaiming the $19.58 support level could signal a reversal, targeting a modest uptrend. However, with prevailing pessimism, a noteworthy bounce remains unlikely without substantial market shifts.