Trump wants to invite the first 185 holders of $TRUMP to a private dinner on November 22. The current coin price is 2.048, down 3.58% over the past 24 hours.
Anyone can see that this dinner is essentially reassurance for big holders; retail investors can’t even reach the threshold. Once the news is released, the price falls instead. In plain terms, it’s “good news” that has already been fully priced in. The capital that was previously chasing expectations is now moving out.
First, see whether it can hold the integer support at $2. If it can’t, then this “good news” is nothing but a distribution ploy and hype—don’t rush to buy. If there are signals of a breakout above the recent range’s high with increased volume, then re-evaluate the strength. Until that happens, just stand by; don’t let the headlines pull you around.
Do you believe this dinner can lift up $TRUMP ? If you believe it, hit 1. If you think it’s another “shearing” of greenhorn investors, hit 2.
#Write2Earn #BinanceSquare #TRUMP MemeCoin #TradingTournament
Anyone can see that this dinner is essentially reassurance for big holders; retail investors can’t even reach the threshold. Once the news is released, the price falls instead. In plain terms, it’s “good news” that has already been fully priced in. The capital that was previously chasing expectations is now moving out.
First, see whether it can hold the integer support at $2. If it can’t, then this “good news” is nothing but a distribution ploy and hype—don’t rush to buy. If there are signals of a breakout above the recent range’s high with increased volume, then re-evaluate the strength. Until that happens, just stand by; don’t let the headlines pull you around.
Do you believe this dinner can lift up $TRUMP ? If you believe it, hit 1. If you think it’s another “shearing” of greenhorn investors, hit 2.
#Write2Earn #BinanceSquare #TRUMP MemeCoin #TradingTournament
