TRUMP Coin Says Goodbye to Bitcoin, Charts Its Own Path Toward the End of 2025
TRUMP coin shows signs of a short-term recovery but faces potential Q4 correction due to weak correlation with Bitcoin and low trader enthusiasm.Summary
OFFICIAL TRUMP (TRUMP) is experiencing a cautious short-term recovery, though market patterns suggest a deeper correction might be coming by Q4 2025. The meme coin currently has a weak, inverse correlation (-0.44) with Bitcoin, meaning TRUMP could face downward pressure if Bitcoin rallies strongly in Q4. Furthermore, short positions dominate the funding rate, indicating low trader confidence and a lack of clear directional momentum necessary for a sustainable rebound. Despite this macro weakness, the Chaikin Money Flow (CMF) indicator near -10.0 suggests a historical accumulation zone that could precede a bounce. TRUMP is currently trading in an ascending wedge pattern; a breakdown below its current level could lead to a 19% drop toward $6.24 support, while a successful bounce off the lower trend line could test $9.00, though the broader downtrend remains dominant.
(Source：BeInCrypto)