Trump Meme Coin Soars 24% Amid Trading Activity

The Trump meme coin experienced a 24% increase in yesterday's trading. The cryptocurrency TRUMP surpassed the resistance level of $19.70 in the past 24 hours and is currently trading around $20.15. If it can establish a four-hour candle above the $20.30 mark, there is a possibility of a 40% jump, reaching $29 in the coming days. However, a significant $66 million sell-off of TRUMP on exchanges has raised concerns and may exert further selling pressure on the price. Despite this, open trades for this currency have increased by 35% over the last 24 hours, indicating new traders are entering the market. Currently, $18.60 serves as a support level and $21.36 is considered a key resistance level in the daily timeframe.