$TRUMP

UPDATE on the Official Trump memecoin (TRUMP)—straight to the point and primed for action:

📊 Current Snapshot

Price: ~$8.66 (+1.9% over the past 24 h), sliding ~5% over the last week—consolidation around this level

Volume: Robust activity with ~$140 M in 24-hour trading—strong liquidity backing price moves

Market Cap: ~ $1.73 B with 200 M tokens circulating; FDV ~$8.66 B

🔥 What’s Driving TRUMP Now

Whale accumulation & token unlocks: A whale bought $2.8 M), while a daily token unlock cycle (~493K TRUMP worth ~$4.3 M) unfolds—could stir volatility around unlock dates

Ethics & narrative momentum: Ongoing political events—like Musk vs. Trump—keep media spotlight on TRUMP. In April, the famed memecoin dinner triggered ~50% price spikes; follow-ups raise both hype and regulatory noise

🎯 Technicals & Risk Zones

Support: $8.45–$8.55—recent price dips found bids here

Resistance: $8.80–$9.00, then $10+—breakout above these could trigger momentum play

Chart structure: Tight trading pattern near current price—prime setup for event-driven whipsaws

💼 Trade Strategies

Strategy Trigger / Entry Target Stop-Loss

Dip Buy Pullback to $8.50–$8.55 $8.80 → $9.50 < $8.45

Breakout Long Close above $8.80–$9.00 on rising volume $10 → $12 Retest ~$8.80

Event-Fade Play Post-unlock spike (around July 7–12) Tap $8.80 Break < $8.50

⚠️ Quick Take

TRUMP trades on political narratives, whale maneuvers, and token unlocking events. It's now in a tight range with $8.50 acting as support and $8.80–$9.00 as resistance. A breakout or post-unlock shock could trigger sharp moves toward $10–$12, but the same dynamics can reverse fast—use tight stops.

➡️ DYOR .

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