$TRUMP /USDT has been on a volatile upswing, jumping more than 20% in the last 24 hours and reaching a high near 8.30 USDT. The recent move looks driven less by fundamentals and more by speculative enthusiasm around meme assets, as volume has surged past 300 million USDT. The short-term trend is clearly bullish, but price action shows early signs of exhaustion near resistance around 8.30–8.40, where several previous spikes have reversed. A pullback toward the 7.60–7.20 range wouldn’t be surprising, especially if buying pressure fades and traders start locking in profits.
From a technical standpoint, momentum indicators like RSI and MACD likely show overbought conditions, suggesting limited room for further upside without a reset. However, this coin’s trading history shows that logic often loses to hype. If social media chatter continues heating up, another leg higher toward 9.00 could happen quickly. The key here is that this market isn’t trading on utility or macro signals; it’s running on sentiment. Anyone jumping in now should treat it as a short-term play, not an investment.
