Trump Coin has declined another 22% over the past month, falling from a January high of $73 to $4.8, with a total decline of 93%. This figure is enough to make any holder nervous. However, behind these extreme market conditions in the crypto space, there are often hidden trading opportunities worth deep reflection.

From the news perspective, public opinion is filled with claims of "bubble burst" and "MEME coin entering winter." But interestingly, the moments when most people are despairing may actually be the ideal entry points for contrarians.

**How to interpret the technical analysis?**

The 1-hour chart shows several key technical levels: resistance at 5.000, and key supports at 4.890 and 4.700. The current price hovers around 4.8, repeatedly oscillating. The MACD indicator's white and yellow lines have already crossed below zero, forming a clear "death cross" — which usually indicates that the downtrend is still ongoing.

What further illustrates this is the volume performance: although trading volume has increased, selling pressure clearly exceeds buying interest. Each small rebound is accompanied by a large amount of chips being sold. This phenomenon indicates that market participants' confidence has not yet truly recovered.

**What is the short-term outlook?**

From a technical structure perspective, the next possibilities are: either a rebound to 5.00 followed by another decline, or a direct break below the 4.70 support. Based on current volume and news sentiment, the short-term trend leans toward continued weakness. This means rebounds are often just opportunities for traders to short.

Why make this judgment? First, the larger trend remains downward, with bearish news dominating the market, and there is little willingness for new capital to enter. Second, the 5.00 resistance zone is not arbitrary; historically, multiple rebounds have been blocked there, and currently, trading volume is insufficient to break through this barrier.

**Implications**

The rapid rise and fall cycles of MEME coins are often exaggerated, but the market psychology and technical patterns behind them are worth learning for all traders.