$TRUMP Memecoin Slides Toward $1.50 Amid Bearish Momentum

The $TRUMP memecoin continued its decline this week, trading near the key $1.50 level on Binance as bearish momentum weighed on its price.

This trend stands in stark contrast to the financial performance of U.S. President Donald Trump's broader crypto ventures.

A Reuters analysis found that Trump received more than $1.4 billion from his family's crypto-related businesses in 2025, including World Liberty Financial and the $TRUMP memecoin.

$TRUMP struggled to reverse its bearish price trend, with a sustained structure of lower highs and lower lows since May.

The Relative Strength Index (RSI) stood at 35.67, indicating dominant bearish momentum, but approaching the oversold threshold of 30.