Official Trump (TRUMP) exploded in March after the project unveiled an April 25 Mar-a-Lago gala for its top holders, but that event-driven rally is now losing steam as the Iran war saps risk appetite across markets.
One whale reportedly made about $2.5 million within hours of the announcement as TRUMP jumped roughly 60%, underscoring how strongly the market initially reacted to the event catalyst.
The memecoin is no longer trading on hype alone. The key question is whether the countdown to Mar-a-Lago can revive bullish momentum, or whether worsening macro conditions will keep TRUMP pinned below its post-announcement highs.
The head formed near the March 23 low around $3.10, while the two shoulders developed around the $3.28-$3.30 area. Price is now pressing against the neckline near $3.40-$3.42, which also overlaps with short-term moving average resistance.
A confirmed breakout above this barrier could trigger the pattern’s measured-move target near $3.72, suggesting a potential rally of about 8% by the first week of April if bullish momentum holds.
TRUMP/USDT Three-Day Chart Analysis: Flag Paints 50% Rally Setup Ahead of Mar-a-Lago Event
On the 3-day chart, TRUMP is also attempting a recovery within a falling-channel structure that resembles a bull flag developing after its sharp March rebound.
Price has bounced from the channel’s lower boundary and is now trying to reclaim short-term momentum, with rising volume supporting the move.
If buyers maintain control, the next key upside area comes near the flag’s upper trendline, which aligns closely with the 50-period EMA around $5.
That level could act as the next major magnet ahead of the Mar-a-Lago event, implying a potential 50% rally from current prices if sentiment around the catalyst strengthens.
