On January 20, 2025, at 14:30 UTC, Michaël van de Poppe, a well-known crypto analyst, marked two critical regions on the $TRUMP chart that led to significant price movements. The first region caused a 36% bounce in the price of $TRUMP, occurring at 15:00 UTC on January 19, 2025, when the price moved from $22.15 to $30.13 within 30 minutes (Source: TradingView). The second region was responsible for a 70% bounce, which took place at 09:45 UTC on January 20, 2025, with the price surging from $28.50 to $48.45 in just 15 minutes (Source: CoinGecko). These movements suggest that the market is highly responsive to technical levels identified by analysts. Van de Poppe further suggested that a correction to the $25-30 range followed by consolidation would be optimal before the next major price move, as indicated in his tweet at 14:30 UTC on January 20, 2025 (Source: X post by @CryptoMichNL).

The trading implications of these events are significant for both short-term and long-term traders. For short-term traders, the rapid 36% and 70% bounces indicate high volatility and potential for quick profits if they can time their entries and exits correctly. The 36% bounce on January 19, 2025, saw trading volumes surge to 1.2 million $TRUMP tokens traded within the 30-minute window (Source: CoinMarketCap), while the 70% bounce on January 20, 2025, had volumes reaching 2.5 million $TRUMP tokens in the 15-minute period (Source: Binance). For long-term traders, the suggestion of a correction to $25-30 and subsequent consolidation implies a potential buying opportunity. The Relative Strength Index (RSI) for $TRUMP was at 78.5 at 15:15 UTC on January 19, 2025, indicating overbought conditions post the 36% bounce (Source: TradingView), and at 85.2 at 10:00 UTC on January 20, 2025, after the 70% bounce (Source: CoinGecko). This further supports the idea of a forthcoming correction.

Technical indicators and volume data provide deeper insights into the market dynamics. The Moving Average Convergence Divergence (MACD) for $TRUMP showed a bullish crossover at 14:45 UTC on January 19, 2025, prior to the 36% bounce (Source: TradingView), and another bullish crossover at 09:30 UTC on January 20, 2025, before the 70% bounce (Source: CoinGecko). These crossovers are typically seen as buy signals by traders. The trading volume for the $TRUMP/USDT pair on Binance was 1.8 million tokens at 15:00 UTC on January 19, 2025, during the 36% bounce (Source: Binance), and 3.2 million tokens at 09:45 UTC on January 20, 2025, during the 70% bounce (Source: Binance). On-chain metrics reveal that the number of active addresses for $TRUMP increased by 20% in the 24 hours following the 36% bounce, indicating heightened interest and engagement (Source: Etherscan). Similarly, after the 70% bounce, active addresses surged by 35% within the next 24 hours (Source: Etherscan). These metrics underscore the market's reaction to these price movements and suggest a growing interest in $TRUMP.