TRUMP Token Teeters: Why the $14.5 Support Level Could Collapse

Meme coins don’t bleed—they crater. And TRUMP Token’s latest price action suggests another reckoning is coming.

Key Resistance in Play: The $14.5 level has been touted as a ’strong support’ by bagholders, but on-chain data tells a different story. Liquidity pools are thinning, and whale wallets are quietly rotating into less... politically charged assets.

Why This Breaks Down: Retail FOMO can’t outrun gravity forever. With trading volume drying up faster than a D.C. swamp in August, even a modest sell-off could trigger cascading liquidations below $14.5.

Bonus Cynical Take: Nothing rallies like a meme coin—except maybe the SEC’s enforcement division spotting an unregistered security with a former president’s face on it.

TRUMP set to climb towards $14.5 next, but can the rally continue further?

Source: TRUMP/USDT on TradingView

The Fixed Range Volume Profile from March plotted three key levels that TRUMP has respected to an extent. The Point of Control (PoC) was at $13. This was the level that the bulls fought hard to flip to support over the past few days.

Apart from the PoC, the two other levels were the Value Area High and Low. Highlighted in blue, these were at $10.11 and $14.6. The $14.6-level could act as resistance shortly, especially due to the rejection from this area a week ago.

The strong MOVE beyond this level came alongside a retest of the 20-day moving average (orange) as a dynamic support. The moving average had confluence with the PoC, making the $13-region a stronger support zone.

While the price shot upwards by 8% on Tuesday, the trading volume for the day was barely above the moving average for the past 20 days’ volume. This seemed to be a concern, but the rising A/D indicator revealed that buying pressure was dominant. Also, the Awesome Oscillator did not reflect overwhelming bullish momentum in recent days. Trend following traders should exercise caution.

Source: Coinglass

The 2-week liquidation heatmap showed that the concentration of liquidity above the price meant that Official Trump was likely to move higher in the short term. Liquidity attracts prices, and the liquidity to the south seemed too far away, compared to the overhead magnetic zones.

A cluster of liquidity has built up at $14.05. Hence, a TRUMP move to $14 may be likely. The cluster of liquidation levels extended to $14.44. This meant that the chances of a short-squeeze may be high.

Combined with Bitcoin’s [BTC] bullish momentum, TRUMP holders could wait for further gains. Risk-averse traders could book profits NEAR $14.5 and at the $16-levels.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion