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Damn! Is the Trump guy about to pump it, babe? 🚨🚨
I took a look at the candlestick chart, and the instant noodles in my hand had already gone soggy. $TRUMP
The current price is 1.846, down another 2.22% over 24h.
But the Trump co-founder just announced at Token2049: they plan to make themed games and TV shows, and even acquire an amusement park! He said it’s all “to make holders happy.”
Happy? I almost threw my phone after reading that.
On-chain data doesn’t lie: the team cashed out $249 million over 8 months at an average price of $3.04, and still holds 71.8% of the supply. Not to mention that whale, who bought $11.55 million worth a year ago and now has just $2.16 million left, exiting after cutting 81.3% of the position.
So is this a pump, or preparation for the next round of dumping?
In the short term, EMA7 is weighing on 1.856, while RSI(6) is only 38.179, and the weakness of the rebound is plain to see. 1.876 above is the resistance level of EMA25. Before a high-volume breakout, any rebound can easily be slammed back down by the market makers with a single wick.
Bulls, don’t rush to go all in. 1.805 is the 24h low; if it breaks, watch the previous low at 1.755. Bears can keep an eye on a rebound around 1.87–1.88, but remember to set a stop-loss and don’t get greedy.
$ETH
Let me ask just one thing: do you still have any TRUMP? Drop the number in the comments and let me know I’m not the only one standing at the mountaintop, getting blown by the wind. 👇
#GateMoney正式上线 #每周来晒 #美联储9月纪要偏鹰