The TRUMP token faced notable exchange-side pressure after Ceffu transferred $9.27 million to Binance, testing the asset's recent recovery structure. The large deposit introduced potential supply risks by providing instant liquidity for any planned token sales, though the transfer did not immediately confirm a completed sale.
Market Pressure and Aggressive Sellers
Market data from CryptoQuant indicated that the 90-day Spot Taker CVD remained seller-dominant, recording a higher aggressive sell volume compared to buy volume over the three-month period. This ongoing taker activity reinforced distribution concerns following TRUMP's recovery from its August lows.
Despite the seller-dominant environment, prices managed to rise as buyers absorbed substantial aggressive selling during the rebound. This resilience counterbalanced the potential supply from Ceffu's transfer of 3.706 million TRUMP tokens, though analysts note that continued buyer participation remains necessary to counter ongoing aggressive selling.
Price Structure and Key Levels
According to TradingView data, TRUMP rebounded sharply from the $1.347 support zone and reclaimed the $2.30 level during an upward expansion that peaked at $3.686. Following a rejection at that resistance, the price pulled back toward $2.459, establishing $2.30 as the immediate structural support.
Sustaining the price above the $2.30 threshold keeps the breakout structure intact and leaves a technical path open toward the $3.00 level. Conversely, a breakdown below $2.30 would weaken the breakout and introduce further retracement risks back toward prior consolidation areas.
