$PUMP The high-volume candle smashed straight through the 12-hour low at 0.004307.
💥 Volume was 6.8x, and it closed at 0.004264 without even a decent bounce. 😶
Oversold in a bearish alignment—placing countertrend orders is an uphill battle.
Only 2 of 4 conditions are met. The MACD histogram is still below the zero line, and both DIF and DEA are at -0.0001.
CCI is -233; 12 of the 96 candles plunged straight below -250. Cold as iron. 🥶
The 4h and 1d are bullish, but the 1h is still stuck in a bearish alignment.
BTC and ETH are both leaning bearish. Catching falling altcoins now is like catching a bomb. 💣
My move: no position.
I’ll wait for the MACD histogram to get back above the zero line—that’s the dividing line.
I’m not making a move before the next candle closes. 👀
Are you looking to buy the dip, or just watching from the sidelines? 🤔
⚠️ Technical analysis is for reference only and does not constitute investment advice
#PUMP $PUMP
💥 Volume was 6.8x, and it closed at 0.004264 without even a decent bounce. 😶
Oversold in a bearish alignment—placing countertrend orders is an uphill battle.
Only 2 of 4 conditions are met. The MACD histogram is still below the zero line, and both DIF and DEA are at -0.0001.
CCI is -233; 12 of the 96 candles plunged straight below -250. Cold as iron. 🥶
The 4h and 1d are bullish, but the 1h is still stuck in a bearish alignment.
BTC and ETH are both leaning bearish. Catching falling altcoins now is like catching a bomb. 💣
My move: no position.
I’ll wait for the MACD histogram to get back above the zero line—that’s the dividing line.
I’m not making a move before the next candle closes. 👀
Are you looking to buy the dip, or just watching from the sidelines? 🤔
⚠️ Technical analysis is for reference only and does not constitute investment advice
#PUMP $PUMP