$PUMP traded above the old high, then closed back inside.
The six-hour boundary was 0.00516; the latest hour reached 0.005219 and closed at 0.005087 USDT. The upper wick covers 65% of that candle’s range.
That weakens the case for chasing the high.
Next 24h — 1H closes:
below 0.00473 USDT: further weakness after the rejected high gains support.
above 0.005219 USDT: the rejection of the high weakens.
#PUMP
The six-hour boundary was 0.00516; the latest hour reached 0.005219 and closed at 0.005087 USDT. The upper wick covers 65% of that candle’s range.
That weakens the case for chasing the high.
Next 24h — 1H closes:
below 0.00473 USDT: further weakness after the rejected high gains support.
above 0.005219 USDT: the rejection of the high weakens.
#PUMP