TRUMP just printed a massive god candle, soaring from $1.39 up to $1.85 with a major volume spike (~5.78M).

$TRUMP 4H Chart

📰 The Fundamental Spark

The broader market momentum is getting fueled by major White House news: President Donald Trump announced that regulators (led by CFTC Chairman Michael Selig) are actively working to bring Hyperliquid into the US in a fully compliant fashion.

President Donald Trump speaks during a meeting with crypto and prediction market executives at the White House in Washington on Aug 19 (Bloomberg)

This effort to pull offshore crypto infrastructure onshore sent shockwaves across the ecosystem—boosting tokens like $HYPE , Treasury vehicles like PURR (+30%), and meme/politically-aligned assets like $TRUMP .

TRUMP
TRUMPUSDT
1.64
+16.47%
HYPE
HYPEUSDT
71.79
+23.01%

📊 Trading Setup (Pullback Strategy)

Despite the powerful news catalyst, buying directly into a parabolic vertical move is high-risk. We are waiting for a healthy retest to secure a safer, risk-adjusted entry:

  • Entry Zone: $1.50 – $1.55 (Waiting for a retest of the breakout zone / imbalance)

  • Stop Loss (SL): $1.36 (Below the previous swing low)

  • Target 1 (TP1): $1.77

  • Target 2 (TP2): $1.90 – $2.00 (Psychological resistance)

Trading Setup

💡 Risk Note: News-driven surges and political tokens can experience high volatility and sharp pullbacks. Avoid over-leveraging (keep it to Spot or max 3x–5x on Futures) and strictly adhere to your Stop Loss. Let the retest come to you!