Official Trump (TRUMP) is dealing with fresh selling pressure from its own team while still holding on to most of its recent gains. The token climbed 11.56% in the past 24 hours and 80.79% over the last seven days. The rally marks a turnaround for the Solana-based memecoin, which launched in mid-January 2025 days before Donald Trump's inauguration, surged past $70 in its opening days of trading, and later fell more than 90% from that early peak — leaving this week's climb to build from a base far below the token's launch-era highs.

The pullback from a high near $3.67 has left TRUMP trading around $2.49, holding above a support zone at $2.285 that has so far kept the recovery structure intact, while a CoinGlass liquidation heatmap shows the largest pool of upside liquidity clustered near $2.95.

Team Wallets Convert Holdings to USDC

The rally unfolded even as team-related wallets moved to cash out. That carries added weight for TRUMP: at its January 2025 launch, 80% of the token's one-billion total supply was allocated to Trump-affiliated entities — CIC Digital LLC and Fight Fight Fight LLC — under a multi-year release schedule, which makes on-chain activity from team-linked addresses a closely watched gauge of potential supply. On-chain analytics account Lookonchain flagged the activity directly, reporting that the team repeatedly added and removed liquidity while converting TRUMP holdings into USDC, a widely used dollar-pegged stablecoin. Lookonchain's tracking put the total value of these conversions at 3.39 million USDC, with the transactions carried out over a short window, according to the on-chain data the account shared.

Despite this extra supply entering the market, buyers kept absorbing it. The price held on to most of its weekly advance instead of reversing sharply lower. The remainder of the team-controlled allocation is still tied to that release schedule, leaving such wallet flows a structural part of the token's supply picture.

Taker Selling Fails to Cap the Rally

Spot trading data tells a different story than the price chart alone. The 90-day Spot Taker CVD — a running total of aggressive market-order buys minus sells that traders use to read which side is applying immediate pressure — showed sellers dominating market orders, applying aggressive sell-side pressure throughout the period. Buyers still stepped in to support the price during this stretch.

Team-linked selling therefore added to an already seller-heavy market rather than starting a new wave of pressure. The 11.56% daily gain suggests demand held up even with the added supply, and while sell-side activity from takers has continued, it has not stopped the price from climbing.

Support and Resistance Levels in Focus

TRUMP peaked near $3.67 before sellers pushed the price back down. At the time of writing, the token traded around $2.49, staying above the $2.285 support zone — a level buyers had already cleared, together with $1.846, during the earlier advance. That history gives the current support area weight as a line buyers have defended before.

The Directional Movement Index, whose +DI and -DI lines track bullish and bearish directional pressure, backs up the strength of the move. The +DI line sat at 52.62 while the -DI dropped to 3.10, and the ADX reading of 32.94 pointed to a trend with real force behind it.

The next resistance sits at $3.092, the level where the price gave up its earlier intraday highs. Holding above $2.285 would keep the recovery structure in place and open the door to another run at that resistance.

Liquidation Heatmap Points to $2.95

Derivatives data adds another layer to the picture. A liquidation heatmap from CoinGlass — a tool that maps where leveraged positions would face forced closure, with clusters of potential liquidations often watched as zones where forced selling can compound price moves — showed the largest pool of upside liquidity sitting near $2.95, above the current $2.49 price. Renewed buying could carry TRUMP back toward $2.95 before traders look to the $3.092 resistance, while downside liquidity sits around $2.40 to $2.45 — an area that could see price activity if the market pulls back further from its recent highs.