The room even Trump lost 29% of its value in last month and is now down more than 90% compared to its top of all time. The sharp decline was accompanied by a weakening of the momentum on several indicators.
The two suggest that the bullish force has faded and that lower risks increase. Adding to the pressure, a large portfolio just withdrew millions from the USDC before a drop -down of $ 317 million next week, which has made concerns about a possible sales activity.
The indicators suggest a weak momentum for Trump’s meme play
Trump’s Bbtrend indicator fell sharply to 1.58, compared to 6.23 only two days ago. This sudden drop suggests that the strength of the previous trend has been considerably weakened.
After having shown a strong momentum earlier in the week, Bbtrend’s current reading indicates a possible change towards consolidation or even a reversal if the purchase of interest continues to fade.
Bbtrend, abbreviation of Bollinger Band Trend, is a technical indicator that measures the strength of a price trend based on the width of Bollinger strips.
Higher values generally indicate a strong directional movement, while lower values suggest that the market enters a less volatile phase.
With Bbtrend de Trump now at 1.58 – has spread in the neutral area – this could point out that the high bullish phase cools. If the indicator continues to drop and the price loses support, it may indicate a lateral movement period or the start of a downward trend.
Trump’s Ichimoku clouds show a clear bearish configuration. The price is currently negotiated below the Blue Tenkan-Sen (conversion line) and the Red Kijun-Sen (basic line).
This positioning suggests that short -term momentum remains low and buyers have not yet regained control.
The fact that the price candles are always under the cloud reinforces the in progress lower feeling, because the cloud often acts as a resistance when prices are lower than it.
For the future, the cloud (kumo) goes from red to green but remains flat and narrow, signaling resistance to the limited rise. The Senkou Green Span A is only slightly above the Senkou Span B, which means that future trend perspectives are still uncertain and lack conviction.
For any bullish reversal to gain ground, Trump same corner should break above the cloud with a strong volume. Until this happens, the graph indicates continuous prudence, with the potential of more action on the side or downward.
The withdrawal of the whale raises concerns before $ 317 million Trump unlock
A portfolio linked to Donald Trump to remove $ 4.6 million in USDC from Solanna Dex Meteora on Tuesday.
These funds were previously used to provide liquidity to the Trump-USDC commercial pair. They helped guarantee the stability of smoother exchanges and prices. This portfolio made a withdrawal for the first time, and the size and time of the move make it remarkable.
Even after the withdrawal, the swimming pool still contains around $ 205 million in USDC and $ 122 million in Trump tokens.
This activity comes a few days before a major unlocking event takes place for next Friday. About 317 million dollars of Trump tokens even will be available.
Unlocks often worry investors as they increase the offer of tokens. If a large part is sold, it can lower prices. The withdrawal of $ 4.6 million increased speculation on initiate movements. Some believe that funds are repositioned before unlocking.
Although it is not clear if a sale arrives, the timing suggests caution. In the coming days, chain activity should be closely monitored.
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