2.41 of $TRUMP , do you dare to buy the dip?

Whale just opened a 10x long position, surged 9.3% in 24 hours, with $1.46 million net inflow, news is all about "Trump visiting China + Middle East easing"—but just now, the team wallet transferred another $29 million to the custody platform, with 900k tokens unlocking daily to sell off.
First look at the surface: increased volume at the bottom, sentiment warming up.
In the past 24 hours, it rose 9.3%, trading volume surged, whales opened long positions, Kevin Waugh was nominated as Federal Reserve Chair (expectation of liquidity easing), Trump himself is talking trade in Beijing. The candlestick chart shows: the price rebounded from the ATL of 2.25, with a long lower shadow.
First thing: whales and mega whales are betting with real money.
A well-known whale directly opened a 10x long position, with $1.46 million net inflow, trading volume soared above $11 million. This is smart money betting on the dual catalysts of "Trump visiting China + midterm elections."
Second thing: political narratives are still heating up, but project teams are also accelerating their exit.
The Trump administration is indeed pro-crypto: Bitcoin strategic reserves, digital asset framework, banning CBDC, the White House slogan is "making the US the global crypto capital." The macro environment is historically friendly to crypto.
But looking back—team wallets just transferred $29 million to the trading platform. What’s this for? Cashing out. And every day, 904k TRUMP tokens are unlocking.
Third thing: a technical signal that must be watched carefully.
RSI surged to 92 at one point, now has pulled back. Extreme overbought condition—last time it reached this level, the price was halved from $10. Now, although the price is around 2.3, could the same story repeat?
Key level: 2.31, only 6 cents above ATL of 2.25.
Resistance above: 2.45-2.55 → 3.10-3.60 (needs volume breakout).
Support below: 2.25 (ATL) → 2.00 → 1.50 (psychological abyss).
Short-term traders (aggressive):
Buy small positions at the current 2.41, set stop-loss at 2.20 (exit if broken), target 2.55 (sell half first), if it breaks and stabilizes above 2.55, add more for 3.10.
Swing traders (conservative):
Wait! Wait for the daily close above 2.55 with volume over 300 million before considering entering. Otherwise, just watch the show without losing money.
Midterm election gamblers:
If you truly believe the "Red Wave" in November 2026 can push TRUMP back to $5-10, then start buying in batches between 2.0-2.3, with position size limited to less than 1% of total funds, just like buying a lottery ticket. #Gate广场五月交易分享