- Trump's token forms a “bull flag” pattern after slipping below $ 12, indicating a potential breakout towards $ 23 and more.
- Shipment technologies invest $ 20 million in Trump's tokens, which marked a rare corporate transfer to the territory of the meme coin.
Donald Trump's -Back Memecoin, $ Trump saw a sharp action as it sank into the $ 10 zone again, though technical patterns believe that a potential rebound may be close.
Initially, Trump's market performance attracted the sentiment and reaction of the market. Today, the token's capital capital stands for $ 2.14 billion, down by nearly 3.5% in the past 24 hours. Meanwhile, the day -to -day trading volume increased dramatically, by over 50% to $ 791 million.
The shifting -shifted supply sits nearly 200 million Trump's tokens, with a total supply of close to 1 billion. Based on the current price action, the token is in one of the lowest points today, peeking for $ 12.16 before refusing to continuously -Conth to $ 10.71
Price slipped after rally over the weekend
After climbing above $ 16 last week, Trump's official token (Trump) lost vapor and traded around $ 10, marked a drop of more than 5.8% in the past 24 hours. Despite the sinking, the analysts point to a potential chart setup.
Price action suggests the emergence of a “bull flag” —a pattern that usually indicates a short-term pullback before another strong move. If Trump can break above the main resistance to $ 16.19 – especially the 0.786 level of Fibonacci – can be monitored to hit $ 23.26 in the coming weeks. And if you get the market enthusiasm, there is a possibility that it can stretch more than $ 30.
Observers in the X market (formerly Twitter) are obsessed with speculation. Some suggest that the token may be able to bounce before Donald Trump's next significant contact with Trump holders, while others believe that recent sinking may be a low point before the next advance.
Integration points in the accumulation phase
Since falling from the highs last weekend, Trump has mostly exchanged between $ 12.32 and $ 15.61.
On the technical side, the Money Flow Index (MFI) – which monitors the currency momentum that moves and exits – above 50 levels, which is often considered the point of tipping between bearish and bullish territory. This is basically a sign that consumers are still active, even the combined prices. As long as MFI does not fall below that midpoint, there is a good reason to believe that the bull flag pattern can play.
That said, there is still danger. If Trump destroys under the lower edge of this bull's flag, the thesis of the rally weakens, and the token can slide to $ 10 support or lower.
At the forefront, Trump's 2025 technical setup also shines signs of potential reversal. In the daily chart, analysts have identified a down-the-angle wedge expansion-a reversal pattern of bullish. This setup often indicates a strong upward breakout after a downward motion.
The interest in the token is not dry, and the transfer of the average (MA) points to a careful recovery. Meanwhile, the Kamag -child Index Index (RSI) is less than 38, indicating that the market is currently selling.
The average direction index (ADX) and relative index volatility (RVI) indicates that while the token is not in full bullish mode, there is room for the strength to be built if the momentum is selected.
Trump, meanwhile, took the titles this week after logistics firm Shipment technologies revealed a $ 20 million investment in the token. The company, listed in NASDAQ, has announced a new stock offer to fund the acquisition.
According to CEO Javier Selgas, the move is part of a broader approach to guard against the increase in US-Mexican trade tariffs.
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