TRUMP Eyes Breakout as Whales Accumulate

Key Takeaways
The memecoin TRUMP is currently in an exciting market phase. The price is consolidating just below a key resistance level at $13.84 USD. At the same time, pressure is mounting due to liquidations of short positions. Large investors (“whales”) are accumulating TRUMP tokens, which suggests confidence in a potential breakout. If the resistance is breached, the next target zone could be around $15.98 USD.
Whales Buying – A Sign of Confidence?
A newly created wallet recently withdrew 203,230 TRUMP tokens worth approximately $2.62 million USD from the Binance exchange. Such large withdrawals often indicate long-term confidence. When major market players buy during a consolidation phase, they typically expect prices to rise. This accumulation could provide the necessary momentum to break through the $13.84 USD resistance level.
Technical Structure: Symmetrical Triangle Before Breakout?
Since mid-April, TRUMP has been moving within a symmetrical triangle pattern. The support line has been gradually rising, while resistance remains steady at $13.84 USD. At the time of analysis, the price was $13.14 USD — a daily increase of 5.89%. The pattern signals a narrowing of volatility. A breakout becomes more likely as the price approaches the triangle’s apex. Rising lows point to a bullish trend.
Short Squeeze Possible: Liquidations Increasing
According to liquidation data, there are many high-leverage short positions between $13.20 and $13.74 USD. If the price enters this range, numerous positions could be forcibly closed. This would create additional buying pressure — a so-called short squeeze. Such movements can significantly increase momentum, especially when combined with a technical breakout.
Spot Trading Shows Caution
Spot trading activity is currently balanced. In the past 24 hours, $47.96 million USD flowed into exchanges, while $44.32 million USD was withdrawn. This equilibrium suggests that many traders are still undecided. Neither selling pressure nor strong accumulation is dominating. This indicates a wait-and-see attitude — typical before major price moves.
Social Activity Declining – A Good Sign?
Social media data shows a decline in attention for TRUMP. Social dominance stands at 1.92%, while social volume is at 100. Compared to early 2025 levels, this remains relatively high. A decrease in public discussion can help establish a more stable price base. Less hype often leads to more sustainable price movements. If social activity picks up again, it could further support the next price increase.
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Our Assessment
TRUMP is showing several bullish signals: large investors are buying, technical patterns suggest an imminent breakout, and short positions may soon be liquidated. At the same time, spot trading remains balanced, indicating a calm market phase before a potential move. If the price breaks the $13.84 USD level, an increase to $15.98 USD is realistic. Those watching TRUMP should pay close attention in the coming days — the next move could be critical.
Sources
- TradingView
- CoinGlass
- Santiment