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🚀 Short & Bullish Overview on Trump Coin Technical bounce

Zakir Crypto Sultan

Updated at: 4 hours ago

{"content":"🚀 Short & Bullish Overview on Trump Coin Technical bounce underway: After falling over 80% from its January highs, $TRUMP recently formed a falling-wedge pattern—a classic setup for reversals. CoinMarketCap notes this could spark a 55% rally toward ~$22.75 . Symmetrical triangle breakout: CryptoNews reports a breakout from a symmetrical triangle, with MACD golden-cross and RSI recovery—suggesting potential moves to ~$21.50–$26.35 (30–60% upside) . Short-squeeze potential: Community sentiment points to a momentum play—every short position could fuel upward moves as traders rush to cover, potentially propelling $TRUMP toward $100 . On‑chain and institutional interest: Analysts highlight smart‑money accumulation, with speculation that Trump-linked entities (like World Liberty Financial) may be buying tokens—adding fuel to a bullish narrative . Celebrity branding tailwinds: Backed by Trump’s very public promotion and Solana’s fast, low-cost blockchain, the coin continues to thrive on hype cycles and high trade volumes . 🔹 Summary Best-case scenario: Target rebound to $22–27 within weeks from technical triggers. Bullish catalyst: Short-squeeze, institutional buys, and continued hype. Watchpoint: Break above the wedge/triangle near $20–22 to confirm upward momentum. $TRUMP {future}(TRUMPUSDT)","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/09/97cecb1d9553423ca332ed1b5226f48a.png"],"tags":[],"tradingPairs":["SOL/USDT"],"quotearticleid":0}

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