The Official Trump memecoin experienced extreme volatility, surging 10.2% to $3.06 before retracing to $2.70. This failed pump triggered over $13.57 million in liquidations, with $8.4 million from long positions and $5.1 million from shorts. Futures flows reached -$68 million, with $1.44 billion in outflows versus $1.38 billion in inflows, while open interest dropped 6.4% to $279 million. The RSI remains elevated at 73, keeping the bullish structure intact, but selling pressure persists on both spot and futures markets.
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