-7.29% for TRUMP — sellers dominate despite mild buyer activity near oversold levels
Official Trump (TRUMP) is trading at $3.37 after a sharp daily drop of 7.29%, positioning the asset below all major moving averages and emphasizing a sustained negative trend. TRUMP remains under clear pressure as it trades close to recent lows, distant from short-term, medium-term, and long-term resistance levels.
Highlights
- Trump Media & Technology Group's Truth Social Funds filed SEC registration on February 14, 2026 to launch two cryptocurrency ETFs focused on Bitcoin, Ethereum, and Cronos (CRO).
- The proposed ETFs aim to provide direct exposure and staking rewards, leveraging a partnership with Crypto.com and expanding Trump Media’s digital asset initiatives.
- TRUMP is trading at $3.37, below key moving averages (MA-20: $3.91, MA-50: $4.67, MA-200: $6.68), with strong bearish momentum and support at $3.36.
ETF filings expand Trump Media’s crypto ambitions despite asset separation
On February 14, 2026, Truth Social Funds, the financial arm of Trump Media & Technology Group, filed registration statements with the U.S. Securities and Exchange Commission to launch two cryptocurrency exchange-traded funds (ETFs) focused on Bitcoin, Ethereum, and Cronos (CRO). The proposed ETFs aim to offer direct exposure to these assets and staking rewards, with Crypto.com as a partner. These filings represent an expansion of Trump Media's digital asset plans, though they do not pertain to the TRUMP/USD crypto asset or the OFFICIAL TRUMP token.
Consistent bearish momentum as TRUMP tests oversold signals and weak support
TRUMP remains under technical pressure, trading below the MA-20 ($3.91), MA-50 ($4.67), and MA-200 ($6.68), with the closest dynamic resistance at the Ichimoku Kijun ($4.03) and support near the daily low of $3.36. Daily indicators continue to signal a firm bearish momentum as both the MACD and ADX reinforce negative market sentiment. With the RSI near oversold territory and Stochastic RSI rolling over from a recent overbought signal, sellers keep control despite mild intraday buyer activity highlighted by a neutral to slightly positive Bull/Bear Power. The Awesome Oscillator shows little momentum, indicating that broader selling pressure dominates the current session.
Rebound risk remains low as technicals point to possible further losses
The expected trading range for the next five sessions is $3.17 to $3.45, which defines a volatility band relative to current levels. The probability of a rebound remains low — below 20% — given persistent bearish signals across weekly RSI, ADX, and MACD. Sideways movement above support is possible as buyers attempt to stabilize the price; however, a breakdown below $3.17 could trigger further declines, while any attempt to regain momentum would need a breakout above $4.03.
Previously it was reported that Trump Media and Technology Group (TMTG) has filed for two new crypto ETFs, one focused on Bitcoin and Ethereum and another tracking Crypto.com's Cronos token, both offering exposure to staking rewards and managed by Yorkville America Equities. Despite recent momentum in crypto ETF approvals, these Truth Social ETFs are still awaiting SEC clearance, highlighting ongoing regulatory headwinds, particularly for funds staking assets and tracking smaller-cap tokens like CRO.
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