TRUMP Memecoin Surges 13% – Will Momentum Push It to $19.28?
TRUMP is trading at $14.32, up 13% in 24 hours, making it the top gainer in the market. The price is holding above the 20-day EMA at $12.99, signaling bullish momentum fueled by hype around tomorrow’s high-profile dinner event.
Bullish Scenario:
If demand continues, $12.99 acts as strong support, potentially propelling price toward $19.28.
Bearish Risk:
Profit-taking could push TRUMP below $12.99, opening downside toward $10.76.
Trade Setup:
Entry: $13.80–$14.20
Targets:
TP1: $15.50
TP2: $17.00
TP3: $19.28
Stop-Loss: $12.70 (below EMA and key support)
Outlook: Momentum is strong, but caution is advised due to event-driven volatility. Confirm trend continuation before entry.