Official Trump ($TRUMP ) Market Update: $1.93 Support Critical as Team Dumps $70M+ Post-Unlock
$TRUMP is trading near $2.07**, down roughly **11% over the past week**, hovering just above the critical **$1.93 support level that defines its short-term survival.
Key Red Flag: Since the September 18 unlock, the team has moved aggressively. Over the past two weeks, they transferred ~31 million TRUMP (~$70.64M)** to BitGo custody, with **8.4 million tokens (~$18M) flowing directly to OKX exchange addresses within four days of the unlock. A middleman wallet still holds 1.6 million TRUMP (~$3.4M) ready to send—a clear signal of ongoing sell pressure.
Technical Picture: The $1.93 level sits at the lower edge of a pennant pattern. CryptoQuant shows seller-dominant CVD across both spot and futures markets. RSI at 46.6 remains below its moving average, with no oversold reversal signal yet.
Key Levels: Hold $1.93** → potential bounce to **$2.02–$2.30**. Break below → next downside target at **$1.68, with $1.50 as deeper support.
Binance Trade Setup: The structure remains heavily bearish. Stay flat—chasing longs into relentless team transfers is risky. Only consider a cautious long if $TRUMP reclaims $2.10** with volume, targeting **$2.30, stop below $1.93. DYOR — token unlocks and team selling dominate this setup.
#TRUMP #memecoin🚀🚀🚀 #analises #Binance
$TRUMP is trading near $2.07**, down roughly **11% over the past week**, hovering just above the critical **$1.93 support level that defines its short-term survival.
Key Red Flag: Since the September 18 unlock, the team has moved aggressively. Over the past two weeks, they transferred ~31 million TRUMP (~$70.64M)** to BitGo custody, with **8.4 million tokens (~$18M) flowing directly to OKX exchange addresses within four days of the unlock. A middleman wallet still holds 1.6 million TRUMP (~$3.4M) ready to send—a clear signal of ongoing sell pressure.
Technical Picture: The $1.93 level sits at the lower edge of a pennant pattern. CryptoQuant shows seller-dominant CVD across both spot and futures markets. RSI at 46.6 remains below its moving average, with no oversold reversal signal yet.
Key Levels: Hold $1.93** → potential bounce to **$2.02–$2.30**. Break below → next downside target at **$1.68, with $1.50 as deeper support.
Binance Trade Setup: The structure remains heavily bearish. Stay flat—chasing longs into relentless team transfers is risky. Only consider a cautious long if $TRUMP reclaims $2.10** with volume, targeting **$2.30, stop below $1.93. DYOR — token unlocks and team selling dominate this setup.
#TRUMP #memecoin🚀🚀🚀 #analises #Binance