TRUMP Token Gains Momentum as Justin Sun Pledges $100M Support
The TRUMP token is showing early signs of a bullish reversal, rising 3.59% to $9.20 with a weekly gain of 2.51%. Its market cap now reaches $1.84 billion, backed by $542.3 million in 24-hour trading volume. A double-bottom pattern near $7–$8 indicates a potential trend reversal, with $15.70 as the next major resistance level.
The Relative Strength Index's breakout from its descending trendline signals increasing buyer confidence. Justin Sun's $100 million commitment further boosts the rally, aligning with plans for a TRON chain launch. Traders are watching for a confirmed break above $10 to confirm upward potential.