$TRUMP Drops 20% — Is the Psychological $1.00 Level Next? Official Trump rallied earlier this week as traders positioned ahead of the November 22 event for top token holders. But the story changed quickly. TRUMP has now lost more than 20%, with Republican setbacks in the U.S. midterms adding another layer of pressure to Trump-linked assets. The holder competition also ends on November 12, while future token-supply risks remain in the background. Technically, the chart has become much weaker. TRUMP has broken below both the lower boundary of its Descending Channel and the Support Zone($1.365-$1.560). For me, that keeps the bearish scenario active. I expect at least another 15% decline toward the Cumulative Long Liquidation Leverage($1.000-$1.155), close to the psychological $1.00 level. That is the area where I would start watching for buyers to return and a possible bullish reaction. Politics may keep creating volatility around this token, but for now, the chart still favors sellers. Does TRUMP reach $1.00 before the next meaningful rebound? If you found this analysis useful, follow for more. #TRUMP