🔥 $TRUMP Coin Approaching Technical Breakout

Binance’s update reports that the TRUMP meme‑token has been consolidating for two months in a falling‑wedge pattern—a classic setup for a bullish reversal. Traders are positioning for a potential 100% rally if key resistance levels are taken out .

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📉 Sharp Price Crash as Liquidity Drained

A bearish warning arrives via on‑chain data: over $4.4 million withdrawn from the $TRUMP liquidity pool, triggering an 88% price slide to around $8.92, with large whale sell‑orders amplifying the drop .

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🤔 Presidential Deflects Crypto Divest Questions

During today’s White House press briefing, Trump was asked whether he’d divest crypto holdings to aid passage of new bills. He instead deflected, praising the U.S. crypto industry and noting avoiding regulation could let China take the lead .

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💬 Trump Labels Bitcoin “Amazing”

Also today, Trump praised Bitcoin as “amazing,” noting it eases pressure on the U.S. dollar and describing the broader crypto sector as “a great thing for our country” .

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📊 Summary & What It Means

Event Impact

Technical patterns bullish May set up a rebound if breakout happens

Liquidity removal & whale sales Could cause further downward pressure

Trump’s positive rhetoric May boost sentiment despite volatility

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💡 Takeaway

$TRUMP coin remains a highly volatile “meme” asset—traders eyeing technical setups, but big liquidity moves and whale actions underscore risk. Meanwhile, Trump’s bullish crypto messaging might sway general sentiment, even as regulatory clarity remains uncertain.

#TRUMP