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DJT stock rebounds to $17.41 after recent lows, showing signs of short-term recovery.
Trump Media’s $400 million buyback plan boosts investor confidence and limits dilution.
Strong support near $17.10 and rising volume signal potential for a technical reversal.
Trump Media & Technology Group Corp. stock shows signs of stabilization after a volatile week, with some recovery visible on the latest trading chart. As of June 30, 2025, the stock trades at $17.41, reflecting a small decline of $0.02 or 0.09% for the session. The trading volume at the time of reporting stands at approximately 15,100 shares, indicating moderate investor activity.
The 5-minute candlestick chart highlights several key intraday movements. The stock begins with a sharp drop from above $18.00, hitting a low near $17.10 before recovering. This fall appears to be driven by earlier concerns surrounding dilution and broader market weakness. However, buyers step in near the bottom range, resulting in a series of green candles that push the price back above $17.30 by the end of the chart.
After stabilizing, DJT attempts a rebound toward $17.45, forming higher lows and climbing steadily from the session bottom. The chart shows a V-shaped recovery, with bullish momentum gaining traction as volume picks up in the final hour. The most recent candlesticks suggest short-term upward movement is in progress.
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Based on the recent chart, the $17.10 zone acts as a short-term support level. Buyers consistently enter near this level, as shown by the bounce in the final leg of the chart. Resistance appears in the $17.45 to $17.50 range, where earlier rallies face selling pressure. Breaking above this range with sustained volume could trigger a short-term breakout toward $18.00, the key psychological and technical barrier.
The stock continues to trade below the recent swing highs near $18.30, which were reached during a brief rally earlier in the week. This level now represents a significant technical resistance point, and regaining it may require strong catalysts, such as news or improved sentiment.
DJT appears to be entering a consolidation phase after a sharp correction. The recent bounce from $17.10 shows price support, and the upward movement indicates an effort to reclaim higher ground. However, the stock remains within a narrow intraday range, and a decisive move beyond $17.50 will be crucial to confirm bullish intent.
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The current price pattern follows news of Trump Media’s $400 million share buyback program, which aims to reduce outstanding shares and restore investor confidence. The company’s recent statement clarifying that the buyback is separate from its crypto strategy has helped stabilize sentiment.
Before this rebound, DJT had seen a 30% drop over four weeks, driven by dilution fears and selling pressure. Now, with buybacks set to begin and volume returning, some investors may see this as a base-building phase.
However, the overall trend still lacks strong upward momentum, and traders remain cautious. Broader market trends, regulatory developments, and company-specific updates will continue to influence DJT’s price behavior in the days ahead.
