🤯 On January 18th, a major event shook the world of cryptocurrencies…

👋🏽 Hello everyone, and welcome to this new analysis on TRUMP.

🚀 Over the past two days, the TRUMP cryptocurrency has captured the market’s attention, fueled by a wave of buzz sparked by Donald Trump’s announcement.

🤯 Solana, the blockchain on which this memecoin was launched, has seen a massive surge, smashing its all-time high (ATH) and nearly reaching $300! (+75% in less than a week!).

👉 This rapid hype raises questions: Are we looking at an exceptional investment opportunity, or is this just a passing trend that might fade as quickly as it started?

📝 Technical Analysis

👀 Performing a technical analysis on such a freshly launched memecoin is very challenging, if not impossible.

⚠️ In my opinion, investing at these levels is extremely risky.

📉 From a purely technical perspective, we saw a strong correction last night, leaving behind a prominent liquidity zone around $38, below which lies a significant Order Block.

📈 It’s possible we could see a rebound from this Order Block, which also aligns with the OTE (Optimal Trade Entry) zone.

📝 Market Sentiment

👉 The sentiment around $TRUMP is currently at its peak. Discussions across forums and social media show a sharp polarization between those convinced of its long-term potential and others predicting an imminent crash.

👉 With Trump’s inauguration today, we might see significant market movement!

📝 Investment Strategy

Potential Scenarios:

✅ Optimistic Scenario: If media coverage continues, TRUMP could hit new highs, attracting more investors.

✅ Pessimistic Scenario: If interest wanes, we could see a sharp correction, bringing the price back to critical support levels.

📝 Risk Management

With such high volatility, it’s essential to set stop-loss orders to limit potential losses. Never invest more than you can afford to lose, especially with cryptocurrencies influenced by external factors like media hype.

TRUMP presents attractive short-term opportunities but remains a highly risky asset. Traders should closely monitor technical levels and market sentiment to navigate this media-driven storm.

📈 Share your own analyses and opinions about TRUMP in the comments!

📝 Don’t hesitate to boost this post if you enjoyed my analysis, and let me know what you think!

✌🏽 Happy trading and have a great week!