TRUMP Token Breaks Out: What’s Fueling the 40% Surge?

TRUMP has gained almost 40% in the past week, recovering sharply after a long ￰0￱ price is now trading near $8. Analysts have pointed to technical breakouts, increased market activity, and new developments around the project as drivers of the ￰1￱ Wedge Breakout Confirms Reversal Pattern Captain Faibik reported that TRUMP has broken out of a falling wedge, a pattern that had been forming over several ￰2￱ showed a clear trend of lower highs and lower lows until the price moved above the upper resistance ￰3￱ kind of breakout is commonly tracked as a bullish reversal. Notably, the breakout points to a possible upside target near $15, based on the height of the ￰4￱ the time of writing, TRUMP is down 4% in the last 24 hours but remains up more than 39% on the ￰5￱ volume reached $2.12 billion in the past 24 hours.

A retest of the breakout area near $7.7 is possible before any further ￰6￱ shared that TRUMP is now testing the $8.2 SBR level. “ If it holds above this area, there’s potential for a move toward $14.6–$16.3 ,” the analyst noted, adding that confirmation depends on the weekly ￰7￱ Signal Momentum, but Caution Builds The MACD is in positive ￰8￱ MACD line is reading 0.32, above the signal line at ￰9￱ histogram shows strong buying ￰10￱ supports the ongoing trend, but the short-term outlook may depend on how long momentum holds.) is at ￰11￱ reading is near the upper range, often seen as ￰12￱ setup suggests that while the market is still trending up, short-term cooling is ￰13￱ Builds Behind the Token Open interest in TRUMP futures has climbed to over $468 ￰14￱ is the highest reading in ￰15￱ rise comes after the token moved from under $6 to above $8.

Rising open interest usually signals more active trading and stronger engagement from participants.