Why I’m long ~$500K worth of $TRUMP
:
I know it looks risky, but crypto is strengthening, and I’ve noticed unusual volume and very interesting price action on $TRUMP . The weekly chart also looks close to breaking out of its long-term downtrend.
Trump’s team won’t be happy watching his coin sit at $2 after trading near $75, especially while the rest of crypto pumps and the elections approach.
We’ve already seen Trump squeeze the coin through the dinner announcement. One tweet or major announcement could trigger another violent move and wipe out a huge amount of shorts.
Given Trump’s current momentum, I wouldn’t be surprised if something significant is being prepared behind the scenes.
High conviction. Very bullish.
:
I know it looks risky, but crypto is strengthening, and I’ve noticed unusual volume and very interesting price action on $TRUMP . The weekly chart also looks close to breaking out of its long-term downtrend.
Trump’s team won’t be happy watching his coin sit at $2 after trading near $75, especially while the rest of crypto pumps and the elections approach.
We’ve already seen Trump squeeze the coin through the dinner announcement. One tweet or major announcement could trigger another violent move and wipe out a huge amount of shorts.
Given Trump’s current momentum, I wouldn’t be surprised if something significant is being prepared behind the scenes.
High conviction. Very bullish.
