TRUMP Price Rally Faces Team-Linked Distribution Pressure
The price of TRUMP has continued to rise despite team-linked distribution pressure that added $3.39 million in sales.
According to Lookonchain, the team repeatedly added and removed liquidity while converting their exposure into USDC during this period.
Despite the extra supply coming in, TRUMP's price still gained 11.56% in 24 hours and 80.79% across seven days.
The buyers absorbed substantial selling while preserving much of the broader recovery.
Holding above the $2.285 support level could preserve the stronger recovery structure and leave another resistance challenge possible.