15 million dollar transfer of Trump’s whale; The risk of the price falling below 4.8 dollars?

study time:2minutes

Trump’s cryptocurrency (TRUMP) is under short-term selling pressure after a whale recorded a big move. After about 50 days of storage, this whale deposited 3 million Trump tokens worth $14.88 million to the Binance exchange and with this action, recorded a realized loss of about $7.8 million.

This behavior is indicative of investor capitulation, not profit-taking, however, the price did not fall below $4.80 and the market absorbed most of the selling flow.

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From a technical analysis perspective, Trump recently tried to break through the descending channel, but the $5.20-$5.25 range acted as active resistance and the price returned to around $5; The level that now acts as a short-term pivot for the price.

Despite the weak market structure, buy orders continue to attract sell flow, but without price expansion, this behavior indicates reactive rather than confidence-based demand.

Indicators and positioning of traders also indicate a cautious desire to buy, while the accumulation of liquidity in higher ranges increases the possibility of extreme fluctuations.

Overall, Trump remains under short-term bearish pressure unless buyers can break through $5.20 with strong resistance.