CZ Zhao Claims Rivals Opposed His Pardon Request
- Pardon Opposition: CZ Zhao claimed that rival exchanges opposed his pardon request before President Trump granted clemency in October 2025, although he admitted lacking concrete evidence, adding complexity to the ongoing debate about his pardon and its implications for Binance.
- Legal Wins: Following a $4.3 billion settlement with U.S. authorities in 2023, Binance recently achieved several legal victories, including the dismissal of lawsuits related to terrorism financing, indicating a strengthening of the company's legal defenses.
- Market Return Concerns: Zhao noted that some competitors feared his pardon could facilitate Binance's return to the U.S. market, underscoring Binance's significant position in the cryptocurrency sector and the potential threat it poses to its rivals.
- Trump's Involvement: Trump stated he did not personally know Zhao when granting the pardon but believed Zhao had been treated unfairly during the Biden administration's crackdown on crypto, a political context that may influence Binance's future operations in the U.S.
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Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP). As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 2.006 | 2.148 | 2.271 | 2.413 | 2.536 | 2.678 | 2.801 |
| Fibonacci | 2.148 | 2.249 | 2.312 | 2.413 | 2.514 | 2.577 | 2.678 |
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