💥Trump lands in China for a visit, $TRUMP ‌ The token immediately exploded, but how long this sentiment can last remains to be seen.

First, let's talk about the market. TRUMP is hovering around 2.356, with support closely watching the 2.383-2.386 range. If this level stabilizes, more bulls might get a breather and attempt a short-term rebound; the resistance above at 2.446-2.471 is a strong barrier, tightly pressed down on the hourly chart, and before a breakout, it’s all just oscillation and indecision. Basically, right now, the news and the candlestick patterns are watching each other, whoever blinks first will get hit.
⚡ The fuel for this rally is the delegation. When several big names in the crypto space appeared on the list, the market immediately interpreted it as a signal of Web3’s global deployment, and sentiment surged ahead of facts. But don’t forget, the PPI unexpectedly cooling off just poured cold water on the rate cut hopes, and the macro environment still suppresses risk assets. A single visit alone cannot reverse the big trend.
💎 More importantly, the capital side. On-chain signals show that large investors had quietly built positions before this news broke out. Now that the news is out, the biggest risk is that they might all sell off on the good news. Short-term impulses are possible, but the risk of chasing high and getting caught is already high. Once the specific agreement is officially announced, it’s not too late to reassess the direction.
My stance is very clear: don’t treat concepts as faith, and don’t mistake a rebound for a trend reversal. Place orders near support with strict stop-losses; if it breaks, accept it and don’t hold on. News-driven moves come fast and go just as quickly, manage your positions well, and don’t get wiped out by a single needle.
Comment below, do you think TRUMP can reach 2.5 this time? #Gate广场五月交易分享