$TRUMP has had a pretty strong run.
It moved from around $2.26 to nearly $2.83 over the last 24 hours, before pulling back to around $2.57.
Volume has also picked up significantly, with more than $532M traded in the Futures market over that period.
What I'm watching now is the reaction after that spike.
The rally came as speculation around a new Trump-related token pushed attention toward $TRUMP , but that rumor was later denied.
So now it's less about the headline and more about price.
Can $TRUMP hold this higher range?
If buyers keep defending it, the rally could have more room.
If price keeps slipping, the spike may end up looking more like a short-lived momentum move.
It moved from around $2.26 to nearly $2.83 over the last 24 hours, before pulling back to around $2.57.
Volume has also picked up significantly, with more than $532M traded in the Futures market over that period.
What I'm watching now is the reaction after that spike.
The rally came as speculation around a new Trump-related token pushed attention toward $TRUMP , but that rumor was later denied.
So now it's less about the headline and more about price.
Can $TRUMP hold this higher range?
If buyers keep defending it, the rally could have more room.
If price keeps slipping, the spike may end up looking more like a short-lived momentum move.
