$TRUMP
Here is the latest analysis for the TRUMP (MAGA) coin as of May 19, 2025, specifically for short-term strategies:
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š Market Summary
Current price: $0.2021
24-hour change: +0.02%
24-hour trading volume: $179.3 thousand
Market capitalization: ~$9.17 million
Circulating supply: ~44 million TRUMP
All-time high (ATH): $75.35 (January 2025)
Decline from ATH: -99.7%
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š Technical Analysis
Current signal: Neutral
Technical indicators: 9 sell signals, 9 neutral, 7 buy
Moving averages: 8 sell signals, 5 buy, 2 neutral
Oscillator: 1 sell signal, 2 buy, 7 neutral
Key levels:
Support: $0.2046
Resistance: $0.2283
Trading strategy:
Entry point: Around $0.2050 if support holds
Sell target: Around $0.2280
Stop-loss: Around $0.2000
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š§© Fundamental Factors & Sentiment
Launch & Ownership: Launched in January 2025, with 80% of the supply owned by entities related to Trump.
Controversies & Ethics: Facing criticism over potential conflicts of interest, with allegations that the project is being used for personal gain and political influence.
Promotional Events: A contest offering dinner with Trump to the largest TRUMP holders caused a price spike, but many participants sold their coins after invitation confirmation.
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ā ļø Risks & Considerations
High Volatility: As a memecoin, TRUMP is heavily influenced by market sentiment and related news.
Centralized Ownership: Most of the supply is owned by entities related to Trump, which can affect price stability.
Regulation & Ethics: There are concerns regarding transparency and potential ethical breaches in the launch and promotion of this coin.
