Official Trump ($TRUMP ) Market Update: Team Transfers $6.9M to OKX as September Unlock Looms
$TRUMP is trading near $2.37**, up roughly **8% in 24 hours** after bouncing from support around **$2.16. The token remains 96% below its January all-time high of $73–$75.
Key Red Flag: The TRUMP team transferred 11.25 million tokens (~$26M)** out of project wallets 12 days ago, with **3.25 million TRUMP (~$6.9M) moved directly into OKX just hours ago. This pattern often precedes sell pressure.
Unlock Overhang: A 28.27 million TRUMP unlock (~$60M) is scheduled for September 18—adding 10.35% to circulating supply. This is the single largest Solana ecosystem unlock this month.
Technical Levels: EMA50 at $2.02** and **EMA200 at $1.98 serve as critical support, while Bollinger upper band at $2.14 is immediate resistance. RSI sits at 55.69—neutral.
Binance Trade Setup: The unlock + team exchange deposits create a bearish supply overhang. A short on rejection near $2.40–$2.50 with stop above $2.55** targets **$2.02–$1.98**. Only consider longs if $TRUMP reclaims **$2.50 with volume. DYOR — unlock events are high-risk.
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