Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
#May Market Outlook
Analysis of the TRUMP token and latest news: Whales are suffering losses
📉 Technical Analysis (1H timeframe):
The TRUMP/USDT chart shows a significant bearish trend. After reaching a peak of around ~13.343, the price collapsed to the current level of 11.150, which is a drop of 13.01%.
Indicators:
RSI (6): 30.896 — oversold zone, which may signal a potential reversal, but selling pressure remains strong.
KDJ: K (28.105) and D (28.637) also indicate oversold conditions, but the lack of divergence suggests a continuation of the downward momentum.
EMA: All moving averages (EMA5: 11.156, EMA10: 11.253, EMA20: 11.559, EMA60: 12.244) are above the current price, confirming the bearish trend.
Volumes: After the peak, sales volumes increased (cm. spike on the chart), which intensified the pressure on the price.
Forecast: As long as the price remains below the key EMAs, the likelihood of further decline remains. The nearest support is 10.876, resistance is 11.937. A breakthrough above 11.937 may signal a recovery.
📰 News ( approximately 10 hours ago ):
According to Lookonchain, two major players (whales) sold 765,128 TRUMP for $8.58 million, recording a loss of $2.34 million.
Whale 3kjP9L sold 337,560 TRUMP ( for $3.81 million ), losing $1.38 million despite a previous profit of $196,000.
The whale 7X6Vun sold 427,568 TRUMP ( for $4.77 million ), losing $96,100, although he previously earned $732,000.
As a result, the whales not only lost all their profits but also $1.42 million of their principal capital.
💡 Conclusion:
The large-scale sale of whales has likely been one of the factors behind the sharp decline in the price of TRUMP. Indicators suggest overselling, but without a significant increase in buying volume, recovery is unlikely. Investors should keep an eye on the level of 10.876 — a breach of this level could lead to further declines.