Meteora’s acquisition of TRUMP tokens contrasts with Binance’s sell-off, creating market tension. Despite this, retail traders on Binance continue to remain optimistic about the asset’s potential.
TRUMP’s price recently increased to 8.20 USD, but it must surpass the 8.729 USD resistance for a stronger upward trend. Closing beyond the 10.707 to 12.364 USD range could lead to further gains.
Binance retail investors are opening long positions, indicated by a funding rate of 5.1% and an open interest of 95.41 million USD. This behavior suggests bullish sentiment in stark contrast to the moves made by whale traders.
Leave a Reply