TRUMP token rallies 15% to $1.98, but sellers are still throwing a quiet party underneath the breakout 🎭

Official Trump [TRUMP] posted a 15.79% daily gain, lifting the token to $1.98 as 24-hour trading volume rose 24.45% to roughly $256 million. The advance followed a rebound from the lower boundary of a multi-month descending channel, with buyers driving the token through the channel's upper resistance near $2.00 and pushing it as high as $2.18, marking a more than 25% intraday gain.

Despite the price strength, Spot Taker CVD continued to print seller dominance, signaling that aggressive sell orders outweighed aggressive buy orders during the rally. Market participants absorbed much of that selling pressure, preventing a meaningful pullback, yet the persistence of seller-tilted order flow pointed to profit-taking into strength rather than full-throated bullish conviction.

The Relative Strength Index climbed to 60, its highest level in several weeks, while the Parabolic SAR held below price at $1.49, reinforcing the newly established upward trend. With the breakout above $2.00 confirmed, attention shifted to the next resistance zone near $2.50, a level that previously served as major support before the broader decline. A sustained hold above $2.00 would open a path toward $2.50 and potentially $3.00, while a failure to defend that breakout would likely invite a retest of support around $1.75.

Liquidation data underscored the leverage stacked above the market, with the Binance TRUMP/USDT heatmap showing dense clusters extending toward roughly $2.05, where leveraged short positions appeared vulnerable. The proximity of those clusters to current price has drawn scrutiny, as heavily leveraged zones frequently attract price action. Market data indicated that the next directional move would likely be shaped by whether buyers maintain control and continue absorbing the seller pressure visible in the underlying order flow.