Melania documentary may determine whether MELANIA and TRUMP tokens rally

According to Beincrypto, with Melania Trump’s documentary set to release on January 30, traders are watching whether hype can translate into sustained demand for the Solana-native MELANIA and TRUMP tokens. MELANIA is forming a cup-and-handle that projects a theoretical 111% measured move, but the breakout attempt lacked volume.

DEX and CEX participation has been muted aside from a brief spike on January 19, social sentiment peaked near 4.0 on January 20 and has cooled to about 1.85, and whales added roughly 9.7% while exchange balances fell slightly. Key levels cited are a clean daily close above $0.190 to confirm bullishness, upside toward $0.298 if confirmed, while drops below $0.141 and $0.098 would weaken or invalidate the setup.

TRUMP shows a falling wedge with a ~56% measured upside if momentum builds; whales added over 17% in the past week and social dominance is much higher (0.39% versus MELANIA’s 0.006%). However, retail engagement has collapsed — DEX volume fell from over $157 million on January 3 to roughly $7.5 million (a drop of more than 95%) — and average trade size and trader counts are declining.

Key Topics

Crypto, Melania, Trump, Solana, Melania Documentary, Whales