0.003483: $PUMP is down 3.79% today.
The tape is weak, but not capitulation. $10.05M traded and volume is only 0.6x the 20-day average. Sellers have control, yet they aren't hitting the book with real force.
4h RSI sits at 39. Still bearish. Price is below both the 20d and 50d MA, while longs are paying 0.001% funding. That’s worse than the setup on $BNB right now. 📉
Watch $0.0035. I’d stay defensive there unless volume expands hard. PUMP is 42% off its 30d high, so the bounce case needs proof, not hope. 👀
Where does $PUMP top out?
#PUMP #Binance
The tape is weak, but not capitulation. $10.05M traded and volume is only 0.6x the 20-day average. Sellers have control, yet they aren't hitting the book with real force.
4h RSI sits at 39. Still bearish. Price is below both the 20d and 50d MA, while longs are paying 0.001% funding. That’s worse than the setup on $BNB right now. 📉
Watch $0.0035. I’d stay defensive there unless volume expands hard. PUMP is 42% off its 30d high, so the bounce case needs proof, not hope. 👀
Where does $PUMP top out?
#PUMP #Binance