$TRUMP : The Rebound Is Happening While Supply Risk Is Still Sitting Nearby
$TRUMP is showing a notable recovery on the 15-minute chart: $2.063, up 3.51%, after falling to $1.943. Price then built a series of higher lows and pushed toward the $2.095 daily high.
The overlooked part is the supply story.
Recent reports say the Official Trump Meme team moved 8.73M $TRUMP, worth about $17.99M, into BitGo custody, bringing reported two-week transfers to roughly 31M tokens. Custody does not automatically mean selling, but it makes future wallet movements important to watch.
At the same time, token-unlock data shows $TRUMP has a 1B maximum supply, with only about 28% circulating, while additional tokens remain scheduled for release through 2027.
That creates an interesting contradiction: price is recovering while future supply remains a structural risk.
Chart levels:
Support: $2.04-$2.00
Major support: $1.94
Resistance: $2.095
Above $2.095: breakout confirmation becomes important
Below $1.94: current recovery structure weakens significantly
The bullish case needs price to reclaim the daily high with convincing volume. The bearish case becomes more relevant if the rebound fails near $2.09 while team-linked supply starts moving toward market liquidity.
For now, the chart says recovery, but the blockchain data says watch the supply. The next move may depend less on the headline around $TRUMP and more on whether the market can absorb that supply without losing the $2 area.
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