Why is the TRUMP Token Struggling After Its 73% Rally? Key Resistance Levels to Watch

The TRUMP token recently excited the crypto world with a dramatic rally but is now showing signs of challenges. This Trump crypto project surged over 73%, boosted by excitement surrounding an exclusive gala dinner with President Donald Trump for its holders. However, the coin now faces significant resistance. Trading at $14.74, TRUMP remains below its latest peaks as technical analysts suggest a broader pullback could occur. Investors watch closely as this cryptocurrency approaches key resistance levels and indicators suggest potential bearish shifts.

Upcoming token unlocks were postponed, creating a temporary supply shock that briefly helped the TRUMP price. However, the coin’s ability to maintain long-term interest remains uncertain. Despite initial enthusiasm, the TRUMP token is currently struggling to reclaim pivotal resistance levels, indicating a weakening bullish drive. Analysts are monitoring technical warnings that may mark a potential local peak for the coin.

Is TRUMP Price Facing Resistance?

The TRUMP token reached a peak of $15.47 before pulling back. Its price is currently testing critical technical resistance levels. These include the 0.618 Fibonacci retracement level and the value area low of its previous trading range. Such zones frequently act as turning points for market momentum. The anchored VWAP from the $41 breakdown level adds further caution, marking where substantial selling pressure historically appears. The price shows bearish reactions near these technical points, which significantly increases the risk of a reversal.

TRUMP/USDT H1 Chart – Published on Tradingview, April 26, 2025

Trading volume data similarly supports a more cautious perspective on the token’s immediate future. Recent peaks showed a climactic node in the volume profile pattern, often signaling the exhaustion of upward movement. Market participants view this development as potentially weakening buyer interest, especially when the price fails to surpass technical ceilings. An inability to recapture resistance areas might confirm a lower high, potentially setting up a downtrend for the TRUMP token.

Why is the TRUMP Rebound Weak?

Although the token experienced a temporary bounce after the initial drop, its recovery seems structurally weak. This rebound has failed to decisively recapture the main resistance area. Without achieving a decisive breakout above this zone, the bullish outlook will be substantially weaker. If price action fails to close firmly above these levels and also breaks the recent local low, it would confirm a bearish market structure. Such a scenario could pave the way toward $9.30, marking the base of the previous impulse move.

From a trading standpoint, caution is advised regarding this Trump crypto project. Entering long positions now involves significant risk, with no clear signs that the uptrend will continue. Sentiment is shifting away from a strongly bullish stance. Technical analysis also points to a higher likelihood of a price decline. Consequently, market participants may consider reducing their exposure or awaiting clearer signals before establishing new positions. Limited upward momentum might also harm short-term speculative interest in the token.

Are TRUMP Catalysts Losing Steam?

The recent surge in the TRUMP price was primarily fueled by the announcement regarding the May 22 gala dinner. This news greatly excited TRUMP holders. Offering exclusive access to the president for leading holders significantly boosted the coin’s appeal, leading to intense buying. Furthermore, a 90-day delay for scheduled token unlocks temporarily restricted supply and bolstered positive sentiment.

The top $TRUMP Coin holders will have a private DINNER WITH PRESIDENT TRUMP on May 22nd at the BEAUTIFUL Trump National Club in Washington, D.C. It will be a night to remember! Thank You! And Have Fun!

Click Here For Details: https://t.co/Nm31BxQGx5

— TrumpMeme (@GetTrumpMemes) April 23, 2025

Nevertheless, the impact of these driving factors might prove short-lived. The market could face renewed selling pressure after the dinner event concludes and the July token unlock period approaches. Plans to release 40 million new TRUMP tokens, followed by daily unlocks, might heavily impact the token’s price. This is especially true if trading volumes decrease after the gala. Consequently, the current rally may be followed by a broader correction if new demand does not emerge.

TRUMP Token Outlook: What’s Next?

Market participants exercise caution as the TRUMP token trades near $14.8 and displays signs of encountering resistance. Existing technical patterns suggest a potential for a more significant pullback, especially if the coin cannot break through its current resistance. Falling below the recent local low would reinforce bearish momentum, possibly pushing this Trump crypto project toward the $9.30 level. This situation presents traders with a challenging environment requiring quick adjustments and careful risk management.

The token’s trajectory depends heavily on future events and overall market sentiment. The gala dinner was a significant source of excitement, but its influence will probably diminish over time. Additionally, the postponed yet approaching token unlocks in July present a structural risk factor for the price, so TRUMP may struggle to maintain its current valuation without another positive development emerging. Long-term holders must balance speculative excitement against the developing technical picture when assessing the coin’s future.