$TRUMP # COIN HITS CRUCIAL ZONE — DIP OR DEAD CAT? MY TAKE:
After a sharp 13% pullback, the $TRUMP Coin is now sitting at a major decision point. Is this the classic shakeout before the next leg up — or a temporary bounce on the way down?
QUICK STATS
Current Price: $11.12 24H Decline: -13.19% Market Cap: $2.26B 24H Volume: $890M+ Rank: #44 Category: Meme Coin + Real-World Utility (Trump Dinner Perk)
HERE'S WHAT I'M SEEING:
The hype is real, but the structure is what matters. After the invite-only Trump dinner news sent the coin soaring past $14, we’ve seen a clean pullback — now hovering around a key Fibonacci retracement zone. This is the kind of setup that seasoned traders love: high risk, but potentially high reward.
TECHNICAL SNAPSHOT:
Big Players Accumulating: Multiple 50K+$TRUMP buys in the last 12 hours. RSI Reset: 4H chart shows RSI at 49 — often a springboard for rebounds. Support Zone: Sitting right on the 0.382 Fib ($11.15). Bear Pressure Fading: Momentum turning sideways — a bullish hint. Rumored Catalyst Ahead: A new Trump promo may be dropping this week.
MY STRATEGY:
Accumulation Zone: $10.50 – $11.20 Stop-Loss Level: Below $9.80 (critical support breach) Targets: $13.50 — retest local resistance $15.80 — potential breakout $18.90 — speculative blow-off top
WHY IT MATTERS:
This isn’t just about technicals anymore — it’s about narrative momentum. With the U.S. election cycle heating up and MAGA-related promos rolling out,is tapping into a potent mix of politics and hype.
FINAL WORD: This is a classic "high risk, high reward" window. Weak hands are exiting — smart money could be positioning. Not financial advice, but I’m watching this one closely.