Trump Token Still Bullish Even After 4% Drop in 24 Hours, What Drives This Momentum?

In the world of crypto, nothing draws attention like a well-timed event. Before the Trump dinner invite was announced, analysts noticed a heavy whale accumulation of the Trump memecoin. However, the TRUMP token price is currently at $13.26, reflecting a 4% drop; its price is surging quickly. This shows investors’ confidence over the Trump dinner hype for the top 220 holders. This TRUMP memecoin ‘contest’ was termed “literally cashing in on the presidency” by Campaign Legal Center’s Adav Noti. Hence, the TRUMP token bullish run seems inevitable with investors’ support. 

Price Rally Sparks Hope for Trump Memecoin

After bouncing off support levels, the $TRUMP coin showed surprising strength. The rally began shortly after the dinner invite news dropped, flipping the 4-hour market structure into a bullish trend. The On-Balance Volume (OBV) indicator surged, a strong sign of demand. This suggested that traders weren’t just speculating, they were buying in with confidence. The Trump token reclaiming the $10 mark was key from a technical standpoint. It wasn’t just about momentum; it showed renewed belief in the token. With this bullish shift, short-term traders found new targets, and long-term holders began to smile again.

Resistance at $16 Puts a Cap on the Rally

While the price rose, the Trump token price couldn’t break past the $16 mark. This level had acted as a supply zone, and once again, it proved too strong. The rejection at the 78.6% Fibonacci retracement level around $15.99 marked the start of a pullback. Even though many hoped for a breakout, the Relative Strength Index (RSI) quickly dropped below 50, signalling growing bearish pressure. For now, $16 remains a psychological and technical ceiling. As shown in the chart below, Trump crypto is currently priced around $13, mirroring a 40% weekly growth.

Chart 1- TRUMP/USDT Price Analysis, provided by ZUBAIR OF WEB, published on CoinMarketCap, April 30, 2025.

Pullback Zones to Watch: $13.4 and $11.78

Not all price drops are bad, and some are just pauses before the next move. The recent correction has brought the $TRUMP token closer to key support zones. First, the 50% retracement level at $13.65 is under pressure. If this breaks, $13.4 is the next likely stop. According to heatmap data, this level has become a magnet for liquidity. Further down, $11.78 also holds strong historical support. Traders are keeping a close eye on these numbers. If TRUMP can bounce back from here, another rally towards $15.8 might be possible. However, caution is advised as short-term volatility remains high.

WLFI Token Builds Hype Alongside Trump Memecoin

While TRUMP takes centre stage and supports World Liberty Financial, he is quietly building momentum. Reports suggest the project has already raised $1 billion, even before the token hits major exchanges. That’s no small feat in today’s market. Although WLFI token hasn’t launched yet, the hype around it is real. It’s another example of how the Trump brand shapes crypto conversations. Many believe the success of one token could help boost the other. If WLFI delivers on its promise, it might even pull more attention (and liquidity) into the broader Trump ecosystem.

🚨 $WLFI Token: The Hype, the Plan, and What’s Next for World Liberty Financial! 🌍💸 #WLFI @worldlibertyfi

The $WLFI token, backed by Trump and World Liberty Financial, is making waves in DeFi with over $1B raised and endorsements from heavyweights like Justin Sun ($75M) and… pic.twitter.com/ze1it4P5jD

— Crypto Peak (@cryptopeakx) April 28, 2025

What’s Next for $TRUMP?

Looking ahead, the market seems split. On one hand, there’s short-term bearish momentum. On the other hand, strong demand and political hype remain. If the Trump memecoin dips to $13.4 and finds support, a bounce back toward the $15.8 liquidity zone could follow. But if sellers take over and the price drops below $13.22, a revisit to $11.78 is likely. One thing’s for sure, the influence of the Trump dinner invite and ongoing investor interest continues to drive speculation. Whether you’re a trader or just watching the show, Trump’s name in crypto isn’t going away anytime soon.