Looking at it from a capital-flow perspective:
$PUMP The daily MACD has formed a death cross above the zero line. Indicators are all calculated from price data; to see where the actual money is going, you need to look at trading volume.
If the death cross is accompanied by rising volume, it suggests that some investors are actively exiting. A death cross on shrinking volume suggests greater hesitation among buyers, so its impact may be limited.
Anyone who knows more care to share their thoughts?
The above is compiled from publicly available information. Please refer to the original text.
$PUMP The daily MACD has formed a death cross above the zero line. Indicators are all calculated from price data; to see where the actual money is going, you need to look at trading volume.
If the death cross is accompanied by rising volume, it suggests that some investors are actively exiting. A death cross on shrinking volume suggests greater hesitation among buyers, so its impact may be limited.
Anyone who knows more care to share their thoughts?
The above is compiled from publicly available information. Please refer to the original text.