Simpson price

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2.3 US dollars’ $TRUMP —do you dare to buy the dip? First, look at the surface: good news barrage, but the price is weakening independently. In a week it surged 75–80%, jumping from 1.36 to 3.6, and liquidated short positions worth hundreds of millions of dollars in a single day. Then the team started distributing and taking profits: the price fell from 3.6 back to 2.3, down 36%. BTC is rising, ETH is rising—only TRUMP is falling. The daily chart shows a pullback from high levels; RSI has cooled from overbought, and trading volume is still active. Hype remains, but someone is quietly exiting. First thing: the team is distributing—you might be getting kept in the dark. Lookonchain monitoring shows: the Trump-related team netted $3.39 million USDC within 10 hours through Solana liquidity pool operations, while transferring large batches of tokens to exchanges. There were also similar transfer/unlock actions before. Total supply is 1 billion tokens; only 251 million are circulating (25%), while the remaining 75% is unlocked over 3 years—meaning the team holds a massive amount of tokens. You buy in at 2.3, thinking, “Down 36%, so it’s cheap enough.” But what is the team’s cost? Close to zero. Second thing: Eric Trump personally denied it, but the market is selectively deaf. In mid-to-late August, a White House crypto summit + Trump’s pro-crypto statements, combined with rumors that “a new coin is about to be issued,” pushed the price up 75% within a week. Then Eric Trump came out and said: “It’s definitely a scam.” Market reaction? Ignore it. Keep pumping. They’re trading purely the name “Trump.” This coin has no fundamentals—no utility, no revenue—only one person’s name. ATH was $75; current price is 2.3; a 96%+ drawdown. Every big surge happens because Trump says something nice, and every big drop happens because the team is selling tokens. Third thing: a technical signal has appeared that you should be wary of. From 1.36 to 3.6, it rose 164%. The pullback to 2.3 retraced more than 60% of the upswing—this is a classic “Fibonacci 618 support” setup. If 2.2 holds, and BTC stays stable above 80,000, there’s a chance to retest 3.0–3.5. If it breaks below 2.0, the next stop is 1.7. Resistance above: 2.50 → 2.80 → 3.00 → 3.50–3.6 Support below: 2.20–2.25 → 2.00 → 1.70–1.8 Trading plan For short-term traders: If 2.20–2.25 stabilizes and you see a volume-backed bullish candle, try a small long position. Targets: 2.50–2.80. Stop loss: 2.10. If it breaks below 2.20 and volume increases, you can short with a small position. Target: 2.00–1.80. Stop loss: 2.35. For swing traders: Wait for a pullback to 2.0–2.2 to set up entries. Targets: 3.0–3.5. Stop loss: break below the prior low

$TRUMP Now Selling Pressure ✈️Keep Eyes on TRUMP

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