#May Market Outlook#

Analysis of the TRUMP token and latest news: Whales are suffering losses
📉 Technical Analysis (1H timeframe):
The TRUMP/USDT chart shows a significant bearish trend. After reaching a peak of around ~13.343, the price collapsed to the current level of 11.150, which is a drop of 13.01%.
Indicators:
RSI (6): 30.896 — oversold zone, which may signal a potential reversal, but selling pressure remains strong.
KDJ: K (28.105) and D (28.637) also indicate oversold conditions, but the lack of divergence suggests a continuation of the downward momentum.
EMA: All moving averages (EMA5: 11.156, EMA10: 11.253, EMA20: 11.559, EMA60: 12.244) are above the current price, confirming the bearish trend.
Volumes: After the peak, sales volumes increased (cm. spike on the chart), which intensified the pressure on the price.
Forecast: As long as the price remains below the key EMAs, the likelihood of further decline remains. The nearest support is 10.876, resistance is 11.937. A breakthrough above 11.937 may signal a recovery.
📰 News ( approximately 10 hours ago ):
According to Lookonchain, two major players (whales) sold 765,128 TRUMP for $8.58 million, recording a loss of $2.34 million.
Whale 3kjP9L sold 337,560 TRUMP ( for $3.81 million ), losing $1.38 million despite a previous profit of $196,000.
The whale 7X6Vun sold 427,568 TRUMP ( for $4.77 million ), losing $96,100, although he previously earned $732,000.
As a result, the whales not only lost all their profits but also $1.42 million of their principal capital.
💡 Conclusion:
The large-scale sale of whales has likely been one of the factors behind the sharp decline in the price of TRUMP. Indicators suggest overselling, but without a significant increase in buying volume, recovery is unlikely. Investors should keep an eye on the level of 10.876 — a breach of this level could lead to further declines.