Today is a historic day for the ecosystem as February 2 marks the official record date for the DJT shareholder token program. While this initiative creates long-term holders by offering non-financial perks like Truth Social discounts, the TRUMP token itself is currently under heavy technical pressure.
The chart shows a consistent "markdown" phase, with the price dropping significantly from January highs. The broader crypto market is also experiencing a "sell-off" today following the nomination of a new Fed Chair, which has increased overall volatility.
Trade Setup: TRUMP/USDT (Short / Bearish Bias)
BP (Entry Price): $4.25 ā $4.35 (Look to sell or enter on small relief rallies toward the current resistance).
Leverage: 2x ā 3x (Maximum caution advised; current volatility is extreme due to high-profile political news).
SL (Stop Loss): $4.85 (Placed above the recent local "lower high" to protect against sudden news-driven pumps).
TP (Take Profit Targets)
Target 1: $4.06 (Testing the current All-Time Low; expect strong psychological support here).
Target 2: $3.80 (New price discovery territory if the current floor breaks).
Target 3: $3.50 (Extended target if the broader market correction continues).
Why this trade?
Massive Supply Overhang: Approximately 735 million tokens are scheduled for unlock in July 2026, which is causing mid-term traders to "front-run" the expected sell pressure.
Bearish Technicals: The 4-hour Moving Averages are in a bearish alignment, and the RSI is showing a bearish divergence, suggesting momentum is still favoring the sellers.
Fundamental Shift: Capital appears to be moving from the speculative TRUMP meme coin into the more institutional USD1 stablecoin and direct DJT stock ownership for the new rewards program.
Trader's Note: The token is currently at its All-Time Low (ATL). While this often looks like a "buying opportunity," the lack of a technical roadmap and the heavy 73.5% supply unlock risk make it a high-risk asset for long positions right now.
