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Home»Altcoins»Short sellers trapped as TRUMP eyes $13.84 – Can $15.98 be next?
Altcoins

Short sellers trapped as TRUMP eyes $13.84 – Can $15.98 be next?

May 21, 2025No Comments5 Mins Read
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Whale accumulation and rising liquidations near $13.20 suggest breakout potential for TRUMP tokens. A newly created wallet has withdrawn 203,230 Official Trump [TRUMP] tokens worth $2.62 million from Binance, indicating significant interest from large holders. This sizable withdrawal from exchanges typically suggests confidence in long-term value, especially during consolidation periods. If accumulation continues, it could provide the bullish momentum needed to overcome current resistance levels.

TRUMP’s price has been consolidating within a symmetrical triangle, with resistance at $13.84 and ascending support rising steadily since mid-April. At the moment, TRUMP is trading at $13.14, showing a 5.89% gain in the past 24 hours. This consolidation pattern indicates an imminent breakout as the apex approaches, reflecting indecision among buyers and sellers with narrowing volatility. However, the increasing bullish pressure, marked by higher lows, positions bulls favorably for a breakout. If TRUMP can surpass the $13.84 resistance level, the next target sits near $15.98.

The 24-hour liquidation heatmap highlights dense short liquidation clusters between $13.20 and $13.74, where overleveraged traders may face forced closures if the price breaks higher. As TRUMP continues to climb, the likelihood of triggering a short squeeze rises. Liquidation-driven volatility often amplifies momentum moves, especially when resistance aligns with heavy leverage.

Spot inflow and outflow activity appear well-balanced, with $47.96 million flowing into exchanges and $44.32 million moving out. This near parity suggests that traders are undecided, neither rushing to sell nor aggressively accumulating. This equilibrium during technical consolidation indicates that market participants are cautiously observing price action before committing. While the inflow does not outweigh the outflow, it reflects enough interest to keep the price supported. A significant directional move from this balance could confirm broader market conviction.

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Social dominance has decreased to 1.92%, and social volume has declined to 100, indicating a decrease in engagement. However, current values are still elevated compared to early 2025 levels, suggesting that TRUMP remains on the market’s radar. The decrease in hype may actually support a healthier price base, as rallies built on lower noise tend to sustain longer. While sentiment has cooled from April’s highs, its current posture still supports a potential breakout, especially if social metrics rebound alongside price movement.

TRUMP has a strong chance of breaking through $13.84, supported by multiple bullish catalysts such as whale accumulation, symmetrical triangle compression, and rising short liquidations. Balanced spot flows indicate limited selling pressure, while social sentiment remains strong enough to sustain interest. If bulls maintain current pressure and trigger liquidations above $13.20, a breakout past $13.84 becomes highly plausible, potentially pushing TRUMP toward the $15.98 mark in the near term. When it comes to staying healthy and fit, there are countless options available to individuals. From trendy diets to intense workout routines, it can be overwhelming to navigate the world of health and wellness. However, one simple and effective way to improve your overall health is by incorporating regular physical activity into your daily routine.

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Eyes Sellers Short trapped Trump
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