The TRUMP token is capturing traders' attention with a recent bullish breakout and a unique pattern dubbed "Code 144." As of now, TRUMP is trading at $10.44, up 8.28% in the last 24 hours.
---
๐ Understanding 'Code 144'
A TradingView analyst observed that meme tokens like SHIB, PEPE, DOGE, FLOKI, and BABYDOGE experienced significant pumps on the 144th day after listing. This phenomenon, termed "Code 144," suggests a potential rally for TRUMP as it approaches its 144th day, coinciding with Donald Trump's birthday on June 14th.
---
๐ Trade Setup
Entry Zone: $9.98 โ $10.30
Stop Loss (S.L): $9.45
Take Profit (T.P) Targets:
TP1: $10.80
TP2: $11.50
TP3: $12.50
TP4: $15.00
TP5: $100.00 (speculative target based on 'Code 144')
---
๐ Technical Indicators
MACD: Bullish crossover with strong histogram bars.
RSI: 63.33, indicating strong upward momentum but not overbought.
Volume: Surging, suggesting renewed investor interest.
---
๐ก๏ธ Risk Management
Traders should monitor the $10.50 resistance level closely. A successful break above this level could signal further gains. Conversely, a drop below $9.45 might indicate a short-term pullback.
---
๐ Conclusion
The TRUMP token is at a pivotal point, with technical indicators and unique patterns like 'Code 144' suggesting a potential bullish breakout. Traders should watch for confirmation signals and manage risks appropriately. Stay updated with the latest market developments to make informed trading decisions.
---
*Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.*
