🚀 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
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