TRUMP Token Faces 25% Crash Risk as Controversial Dinner Backfires
Donald Trump’s high-profile “Official Trump” dinner, intended to reward the most loyal holders of the $TRUMP token, may have inadvertently triggered a wave of negative sentiment and possibly a marketwide selloff.
The TRUMP token is flashing a high-probability breakdown, with technical indicators pointing to a steep 25% price drop on the horizon. Currently hovering around $12.83, the TRUMP/USDT pair is treading dangerously close to the bottom of a symmetrical triangle pattern, a formation often signaling continuation of an existing trend. That trend is decidedly bearish, following months of declining prices since the March peak.
Triangle Breakdown Could Sink Price to $9.33
The key support zone lies near $12.60—a break below this would likely confirm a breakdown, exposing the token to a deeper fall toward $9.33, its next major support level. This projected move represents a 25% decline from current prices.
Several technical signals reinforce this bearish scenario:
- 50-Day EMA Resistance: The 50-day exponential moving average is applying downward pressure, acting as a dynamic resistance level.
- RSI Near Neutral: The Relative Strength Index (RSI) is floating around 49.95, suggesting momentum could tilt either way—but bears have the edge amid weak buying support.
- Declining Volume: The steady drop in trading volume during the triangle’s formation is a classic precursor to a volatile breakout—usually in the direction of the prevailing trend.
Trump’s Dinner: A PR Stunt Gone Wrong?
What’s adding fuel to the fire is the fallout from Trump’s exclusive dinner for top TRUMP coin holders. Marketed as a once-in-a-lifetime reward for supporters who collectively invested over $148 million, the event is now being derided as a PR disaster.
Critics slammed the dinner for its underwhelming execution, citing poor food quality, minimal face time with Trump himself, and an overall experience some likened to a “Walmart steak affair.” The event was intended to build loyalty but may have done the opposite.
Worse yet, 43% of attendees are currently sitting on net losses from their TRUMP coin holdings. The disappointment has sparked disillusionment across social platforms and crypto forums, potentially dampening enthusiasm and reducing buy-side pressure on the token.
Conclusion: TRUMP Token at a Critical Crossroads
With the charts leaning bearish and social sentiment turning sour, the TRUMP token appears poised for a major breakdown. Instead of reigniting bullish momentum, the controversial dinner may have exposed deep frustrations among investors and triggered a new wave of skepticism around the project’s long-term value.
Unless bulls step in to defend the $12.60 support level convincingly, the path to $9.33 becomes increasingly likely—and with it, a major test of the community’s resilience.
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