The TRUMP token is once again capturing traders’ attention. After defending strong support at $8.18, bullish pressure appears to be mounting – with a combination of buyer dominance, whale accumulation, and a massive short squeeze potentially setting the stage for the next rally.
Buyer Dominance Signals Aggressive Demand
In the futures market, a clear trend has emerged – takers are aggressively absorbing supply, showing that buyers remain in firm control even amid heightened volatility.
This activity has helped reinforce support between $8.18 and $8.70, from which TRUMP has rebounded and begun a fresh recovery.
Whale Accumulation Shifts Sentiment
A major wallet move also drew attention. A “smart whale” secured $1.48 million in profit on Pump.fun [PUMP] before rotating into Official Trump [TRUMP], where unrealized gains now exceed $223,000.
Such large-scale accumulation by whales often signals growing confidence, typically preceding broader market reactions.
Short Squeeze Adds Fuel to Bulls
Liquidation data paints a striking picture:
🔹 $99.32 million in short positions wiped out
🔹 versus just $34.61 million in longs
This imbalance shows bears being forced to cover rapidly, triggering sudden bursts of upward momentum. Combined with rising taker dominance, this dynamic strengthens the bullish outlook and could accelerate a breakout.
Key Levels Traders Are Watching
TRUMP is currently testing the upper boundary of its descending channel. If buyers maintain control, the path opens toward higher resistance zones at:
$10.07
$12
$16
The defense of support and aggressive buying pressure suggest the token may be primed to enter a stronger bullish cycle.
Stronger Growth Ahead?
The convergence of factors – whale accumulation, short squeeze pressure, and buyer dominance – signals that TRUMP could be on the verge of a decisive breakout.
If resistance levels are convincingly breached, the token could move into a new phase of growth, reaffirming its position as one of the most closely watched altcoins on the market today.
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