Technical analysis
Trend: Short-term recovery after strong correction.
Strong resistance: $15.21
Nearest support: $13.31
RSI: Neutral – not overbought/oversold.
Investment strategy
Scenario 1 – Long on breakout
Entry: $15.25 – $15.50 (after breaking $15.21)
SL: $14.50
TP1: $17.00
TP2: $19.00
R:R Ratio: 1:2 to 1:3
Scenario 2 – Short on rejection at resistance
Entry: $15.00 – $15.20 (when price is rejected at $15.21)
SL: $15.60
TP1: $13.50
TP2: $12.00
R:R Ratio: 1:2+
Note: TRUMP has high volatility, so use small volume and stick to SL.
News and notable events
Donald Trump hosts a party for TRUMP holders → Price increases by +50% after announcement.
Token worth $320M to be unlocked soon → Could create significant selling pressure.
U.S. Senate considers law to block TRUMP officials from speculation → Political risks increase.