TRUMP token is attempting a rebound after several weeks of downtrend left the token stranded between $8.3 and $9.1. Bulls are trying to recover form the token’s high-timeframe discount zone after stabilizing near the $8.50 mark.
Analysts have highlighted signs of accumulation at this level, pointing to potential upside within the current trading range. One analyst cited multi-timeframe accumulation in the lower band of the HTF range, while another confirmed a fresh spot buy at support. Both suggest the price may be preparing for a move toward midrange resistance.
Accumulation at Range Lows Could Fuel Discount Rally
TRUMP’s recent rebound began forming at the lower end of its high-timeframe range, where two analysts identified quiet accumulation.
An X-based crypto trader, with the username Reverse911, highlighted consistent demand absorption in this “discount section,” marked by repeated rejections of breakdown attempts and an evident lack of follow-through on lower lows. The price structure suggested buyers were defending the bottom of the range, anticipating a rotation toward midrange levels.
Another trader, Aditya, echoed the analyst’s views, sharing a daily chart that showed TRUMP consolidating above support between $8.20 and $8.60. He confirmed spot entries in that zone, aligning with the accumulation thesis. TRUMP price had tapped this range floor several times without triggering further downside, a pattern often preceding local rallies in sideways markets.
Furthermore, analyst Mr Chart Norris posted a breakout from the short-term descending trendline. Norris shared a chart that showed TRUMP closing above the range box, with volume rising as price moved toward $8.90. A volume gap above that level pointed to thin resistance until $9.70, supporting the bounce thesis.
The charts point to a calculated move off the discount zone—not a complete trend reversal, but a tactical rally to reclaim lost ground within the existing structure. The breakout confirms that accumulation was underway, and traders positioned early are now watching for follow-through above near-term resistance.
Justin Sun Pledges $100M TRUMP Buy as TRON Launch Nears
TRUMP’s breakout from its discount section coincided with a high-profile announcement from Justin Sun, who committed to purchasing $100 million worth of the token.
In an X post, Sun called TRUMP and TRON the “future of crypto” and confirmed that the Solana-based memecoin would soon be available on the TRON network. According to the TRON founder, the move reflects his strategy of cross-ecosystem collaboration and broader community outreach, including ties to @GetTrumpMemes, the project’s official channel.
The timing follows months of increasing alignment between Sun and Trump-linked crypto ventures. After Trump’s presidential win in Nov. 2024, Sun invested $30 million into World Liberty Financial. WLFI is a project backed by Trump’s sons—and Sun later expanded his position to $75 million. World Liberty then named Sun an advisor and subsequently acquired millions of TRON’s native token, TRX.
Sun’s growing involvement with Trump-backed tokens also comes amid ongoing legal proceedings with the U.S. SEC. However, a recent filing revealed that both parties have jointly requested a pause in the litigation. This signals potential progress toward a settlement under the current administration’s more crypto-friendly SEC leadership.
While market participants remain focused on TRUMP’s price action, the scale of Sun’s financial commitment and his ongoing alignment with the Trump crypto ecosystem could further influence sentiment around the token. This is particularly the case as it expands to new chains. The integration with TRON adds to the project’s multichain narrative, while Sun’s stake positions him among the largest known holders.
