$PUMP Currently, its price is at $0.002377.
In the last 24 hours it has fallen by 0.79%.
Although the overall structure remains bullish, the price is rejecting the upper zone and showing some weakness, so a pullback is normal. However, don’t get complacent, because the key structure is staying intact.
In the short term, the token could try to continue its rise, but below there are liquidity zones and an imbalance that, at any moment, it might go to mitigate.
Current scenario:
Resistance line: it’s in the area of $0.002447. As long as the price does not break that level, we will keep looking for lower zones. It’s important to break and stay above $0.002448.
Support line: we’d expect it at $0.002227. It’s important to defend that level to avoid a bigger drop. Staying above $0.002226 is key.
In the last 24 hours it has fallen by 0.79%.
Although the overall structure remains bullish, the price is rejecting the upper zone and showing some weakness, so a pullback is normal. However, don’t get complacent, because the key structure is staying intact.
In the short term, the token could try to continue its rise, but below there are liquidity zones and an imbalance that, at any moment, it might go to mitigate.
Current scenario:
Resistance line: it’s in the area of $0.002447. As long as the price does not break that level, we will keep looking for lower zones. It’s important to break and stay above $0.002448.
Support line: we’d expect it at $0.002227. It’s important to defend that level to avoid a bigger drop. Staying above $0.002226 is key.