$2.40 TRUMP, do you dare to buy the bottom?
Let's look at the surface first: after the surge, the market fluctuates at high levels, leaving retail investors conflicted.
On August 22, there was extreme single-day volatility, opening at 1.87, reaching a high of 3.68, and closing at 2.44. It then tested 3.0 multiple times but was all pushed back. Today it was 2.40, down 6%-8%, just below the midline of the high-level range. 3.0-3.7 is a clear supply wall, with 2.28 below being a key lifeline.
First: explosive pulls rely on emotion, fulfillment depends on the team.
The White House crypto summit combined with a rebound in risk appetite ignited the surge from 1.4 to 3.68. Eric Trump just denied the rumors of "issuing new coins," calling them a scam—but the rumor itself is the best fuel.
During the rally, related wallets cashed out about $3.39 million through liquidity operations, and another 2.62 million tokens (about $6.21 million) were transferred to OK.
You think it's a 'political belief' rally, but others treat it as 'liquidity management.'
The second thing: the supply structure is the biggest pitfall for this coin.
The total supply is 1 billion, with about 251 million in circulation. Trump-affiliated entities (such as CIC Digital) still control most of the tokens and are unlocking them in batches as planned. Around mid-September, there is an expected release of about 28.7 million tokens.
The third thing: the technical side has reached a "neither top nor bottom" position.
The daily chart structure started from 1.37, with a 30-day gain of 60%-75%. The medium-term structure hasn't completely broken down yet. But 3.0-3.7 is clearly the supply zone, with four bullish attempts and all pushed back. Volume is huge on rally days, but shrinks significantly after pullback—chasing funds are retreating, not continuous accumulation.
Only by regaining the 2.94 rating and increasing volume can it qualify to challenge 3.6
The bullish and bearish showdowns are up to you
On one side:
White House Crypto Summit+ Political Heat Still Lingers, Memes Have a Narrative Premium
Starting from 1.37, a higher low point was made, and the medium-term structure remains intact
Contract turnover is huge, and short-term betting funds are active
The 2.28-2.32 support has been held multiple times
On one side:
The team cashed out nearly ten million dollars during the rally, with internal selling pressure real
By mid-September, about 28.7 million tokens were expected to be unlocked, with supply pressure still on the way
Two-thirds of wallets are still at a loss, and the rebound means selling pressure
Public Citizen reported that the related products caused investors to unrealized losses of at least $4.7 billion
California plans legislation to ban public employees from issuing meme coins, raising regulatory shadows
Resistance above: 2.52-2.60 → 2.72-2.94 → 3.05-3.20 → 3.60-3.68
Support levels: 2.28-2.32 (strong support) → 2.11-2.17 → 2.00
Operational strategy
Option A:
Wait until volume increases above 2.58-2.62 and holds back without breaking below before light positions and test long, targeting 2.85-2.95, stop loss below 2.38. Don't chase the rebound after the bearish drop at 2.4, unless the volume rebounds within 1 hour.
Option B:
Range: 2.28-2.95. Near 2.28-2.32, with reduced volume, stopping down, and lower shadow, only short longs. Target 2.52/2.72, reduce positions at 2.85-2.95. If rebound to 2.72-2.94, if volume can't keep up and the upper shadow is long, reduce bullish or light bearish, target 2.50-2.40.
Option C:
On the daily chart, the effective closing price falls below 2.28, short-term weakness turns weak, exit or reverse to target 2.15-2.00. Only after volume recovery and holding above 2.94 can the target be set at 3.20-3.40.
Don't use "Trump tweeting" as a reason to open a position—his tweets can boost 20%, and the team's coin transfers can also invest 15%.
The catalysts for the rise (summits, rumors, short squeezes) have already been used once. Cash-out markets, unlocks, regulation, and trapped positions still exist. The macro sector has not given MEME unlimited leverage either.
There are only two scenarios where I would be more aggressive: stabilize around 2.28 and BTC strengthens in sync, or volume increases and breaks through 2.94.
TRUMP is not an investment, it's a game of strategy—
99% of people treat it as "political belief," but remember: the team is selling, unlocking is on the way, and trapped investors are waiting for a rebound to escape. You are chasing faith, while others are chasing liquidity.
"The biggest illusion of political memes is that you think you're betting on the future, but in reality, you're taking over for insiders."
How much does your TRUMP cost?
At the 2.40 level, do you dare to buy the dip or wait for a lower price?
$BTC$ETH$TRUMP
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