BREAKING: TRUMP Coin Enters “Dead Cat or Dip Buy?” Zone – Smart Money Eyes Rebound
Ticker: #TRUM P | Current Price: $11.23 | 24H Change: -14.02% | Market Cap: $2.26B | Volume: $890M+ | Rank: #44
In a dramatic market move that’s caught the attention of traders and political pundits alike, TRUMP Coin — the meme token turned real-world utility asset — has nosedived 14% after reaching recent highs above $14. The drop has sparked intense debate: is this a dead cat bounce, or a golden dip-buying opportunity?
With current prices hovering around $11.23, TRUMP Coin sits right on the edge of a key Fibonacci retracement level (0.382 at $11.15), traditionally a strong area for bullish reversals.
Not Just a Meme Token Anymore
Unlike typical meme coins, TRUMP has entered uncharted territory with actual utility. Recent announcements revealed exclusive Trump dinner invitations for top holders, adding a tangible incentive to what was once pure speculative hype. That news sent prices skyrocketing past $14 before the inevitable correction.
On-Chain and Technical Signals
Whales Are Buying: Multiple large wallets have accumulated over 50,000 #TRUMP tokens each in the past 12 hours.
RSI Reset to 49 (4H): Entering neutral-to-bullish territory — perfect setup for a bounce.
Fibonacci Support: Coin is testing the 0.382 retracement level — historically a solid springboard.
Seller Exhaustion: Volume analysis shows declining sell pressure — setting up a potential trend reversal.
Event Catalyst Incoming: Rumors swirl of an upcoming Trump-led promotional event that could reignite the rally.
Strategic Trading Levels
Buy Zone: $10.50–$11.20 — ideal for risk-reward entries
Stop Loss: Below $9.80 — breaking this invalidates the current bullish structure
Upside Targets:
$13.50: Reclaim local high
$15.80: Momentum breakout
$18.90: Hype-driven blow-off top
