$PUMP is starting to look annoyingly strong again. 👀🔥
Price is around $0.004715, up 15.65% in 24H, with a move from $0.00344 to $0.004762 and roughly $516.7M in USDT volume.
What I like here is not the name, obviously 💀
It’s the structure.
Price has been grinding higher instead of doing the usual meme-coin teleport and collapse. Even that nasty lower wick got bought back fast, and now $PUMP is sitting right under the $0.00476-$0.00480 resistance area.
For bulls, hold $0.00455-$0.00460 and a clean break above $0.00480 can open $0.0050+ pretty quickly.
Lose $0.00450, and I’d expect a deeper reset toward $0.00420-$0.00430 $PUMP .
Right now?
Momentum still belongs to buyers.
But with nearly 60% ask-side pressure showing on the book, this is exactly where the chart starts testing whether buyers are strong... or just late. 💀📈
Price is around $0.004715, up 15.65% in 24H, with a move from $0.00344 to $0.004762 and roughly $516.7M in USDT volume.
What I like here is not the name, obviously 💀
It’s the structure.
Price has been grinding higher instead of doing the usual meme-coin teleport and collapse. Even that nasty lower wick got bought back fast, and now $PUMP is sitting right under the $0.00476-$0.00480 resistance area.
For bulls, hold $0.00455-$0.00460 and a clean break above $0.00480 can open $0.0050+ pretty quickly.
Lose $0.00450, and I’d expect a deeper reset toward $0.00420-$0.00430 $PUMP .
Right now?
Momentum still belongs to buyers.
But with nearly 60% ask-side pressure showing on the book, this is exactly where the chart starts testing whether buyers are strong... or just late. 💀📈
