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Could SUN.io Listing Be the Turning Point TRUMP Memecoin Needs?
The TRUMP memecoin, inspired by the former U.S. president, has received a fresh opportunity — it was recently listed on SUN.io, the flagship DeFi trading platform within the TRON ecosystem. This move could serve as the catalyst the token needs to break out of its months-long downtrend. Since peaking at $16.44 in April, TRUMP has lost more than 40% of its value and is currently trading around $9.44. Although a mid-July rally failed to break through the resistance at $11.50–$12, the token is now showing its first signs of bullish momentum. For the first time since late April, TRUMP closed above the upper Bollinger Band — a potential sign of a reversal.
Technical Signs of a Possible Reversal Interestingly, the latest dip did not reach the bottom of the descending channel but instead found support mid-channel. It also followed a series of higher lows since the preliminary bottom at $8.30 on June 22. This pattern suggests weakening selling pressure and a potential shift toward a bullish structure. The listing on SUN.io may be the spark that draws in new traders, boosts liquidity, and improves market sentiment. If TRUMP maintains its higher lows and manages to break through the upper resistance level, the path could open toward a target price of $20. While it’s still too early to confirm a full reversal, the technical indicators combined with the new exchange listing create promising conditions for a move from correction to recovery.
#TRUMP , #memecoin , #crypto , #cryptotrading , #defi
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