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Trump’s 9% bounce: A second chance or a bearish trap?

TRUMP’s memecoin saw a 9% spike within 24 hours, reigniting interest from investors after a steep 60% decline from its $75 all-time high. Despite this rebound signaling some optimism, the drastic drop in trading volume raises doubts about a sustainable recovery.

The upcoming FOMC meeting presents uncertainty for investors, with the market remaining cautious due to prior losses. While TRUMP’s recent gains attract attention, the overall crypto market shows resistance, and many are waiting to see how external factors will influence future price movements.

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