$TRUMP
A few days ago, there were rumors again that a new coin was coming out (the Robinhood chain), plus a short squeeze (contract shorts blew up by more than 30 million). Add to that overall market sentiment.
In the end, the boss (CZ) directly debunked it as a scam. The team-related wallets also took advantage of the high point to use liquidity pools to pull out 3.39 million U and transferred 2.62 million coins to OKX (about 6.2 million U)—basically pulling liquidity out while pumping.
Yesterday, another fake “Trump Digital Gold” surfaced, got hacked, and then the scam account riding the momentum rug-pulled. The sentiment spread, so the price kept dropping again from around 3.06.
From the 2.109 low, it inched upward wave by wave to around 3.068 with increased volume but failed to break out. Then a big bearish candle suddenly slammed it down. Now 2.65 is the rebound level.
For the short term, it looks like a pullback after high-level consolidation; the 2.70–2.75 area is clearly a pressure zone.
The team’s distribution pattern has already been confirmed several times. Any rebound with this kind of coin is an opportunity for the shorts.
Personal trade plan: short
Entry: around 2.82 (scale in at 2.78–2.85 in batches)
Stop loss: 3.12 (I gave room beyond the high point 3.068. If that breaks, it means there are still people willing to push higher—then I accept the loss.)
Take profit: first target 2.54 (previous low), second target 2.20–2.25 (the platform from the prior selloff). Aggressive traders can aim for 1.95–2.00.
Key level to watch: 2.54. If it breaks and can’t get back above it, the short can continue to hold.
If it directly stands above 2.85 on heavy volume and closes there, cancel this trade first.
Keep position size light—this kind of sentiment-driven coin with wicks is completely normal.
A few days ago, there were rumors again that a new coin was coming out (the Robinhood chain), plus a short squeeze (contract shorts blew up by more than 30 million). Add to that overall market sentiment.
In the end, the boss (CZ) directly debunked it as a scam. The team-related wallets also took advantage of the high point to use liquidity pools to pull out 3.39 million U and transferred 2.62 million coins to OKX (about 6.2 million U)—basically pulling liquidity out while pumping.
Yesterday, another fake “Trump Digital Gold” surfaced, got hacked, and then the scam account riding the momentum rug-pulled. The sentiment spread, so the price kept dropping again from around 3.06.
From the 2.109 low, it inched upward wave by wave to around 3.068 with increased volume but failed to break out. Then a big bearish candle suddenly slammed it down. Now 2.65 is the rebound level.
For the short term, it looks like a pullback after high-level consolidation; the 2.70–2.75 area is clearly a pressure zone.
The team’s distribution pattern has already been confirmed several times. Any rebound with this kind of coin is an opportunity for the shorts.
Personal trade plan: short
Entry: around 2.82 (scale in at 2.78–2.85 in batches)
Stop loss: 3.12 (I gave room beyond the high point 3.068. If that breaks, it means there are still people willing to push higher—then I accept the loss.)
Take profit: first target 2.54 (previous low), second target 2.20–2.25 (the platform from the prior selloff). Aggressive traders can aim for 1.95–2.00.
Key level to watch: 2.54. If it breaks and can’t get back above it, the short can continue to hold.
If it directly stands above 2.85 on heavy volume and closes there, cancel this trade first.
Keep position size light—this kind of sentiment-driven coin with wicks is completely normal.