PUMPBTC SLIDES DEEPER INTO LOSS ZONE ๐โ ๏ธ
The
$PUMPBTC chart ripped through the 1โhour order block at $0.01305, dumping 13.9% in 24โฏhours and hammering the $0.01232 price into the lower half of the daily range ๐. Spot futures volume surged past $18โฏM, indicating aggressive liquidation from institutional desks that were previously holding the midโrange zone.
Every candle since the break has sketched lower lows, now probing the $0.01175 support cluster that doubled as the prior swing low. The proximity to that zone suggests the market is testing a structural floor rather than merely retracing a healthy pullโback โ ๏ธ. If price holds, a bounce toward the $0.01305 midโrange could reโestablish a shortโterm order block, but a decisive close below $0.01170 would open a path toward the next liquidity trench near $0.01130.
Overall sentiment remains bullish across the broader altโcoin sector, yet
$PUMPBTC โs divergence from the macro rally signals a sectorโspecific weakness. The lack of fresh accumulation above the $0.01433 resistance reinforces a bearish bias, and the momentum histogram is trending negative, warning of further downside pressure โก.
Levels to monitor:
Watching support around $0.01170
Structure suggests resistance near $0.01420
Mid range area: $0.01305
DYOR
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