Trading at 8.314 with solid 20% gains, TRUMP demonstrates renewed strength as it approaches key technical levels.
The Technical Setup:
· Trading above all major EMAs (9: 7.625, 15: 7.303, 200: 6.792) · Clear bullish momentum with consecutive higher lows · Volume at 4.1M shows steady market participation
The Bull Case: Political meme tokens gaining traction in current cycle Strong position above all key moving averages Potential for extended move toward 9.000 resistance
The Reality Check: Meme token volatility requires careful risk management Volume below 5-day average suggests cautious momentum Need clear break above 8.500 for continuation signal
Trading Perspective: Watching for sustained move above 8.400 with target toward 8.800.Stop below 7.800 manages risk on any reversal.