$PUMP has fallen below the 0.0045 level, with the current price at 0.004485.
Round-number levels have no magic in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so bulls and bears often fight fiercely in these areas.
The key is whether a rebound can reclaim 0.0045. If it can't, support will turn into resistance. Will the market turn around next?
Just my personal observation, not investment advice.
Round-number levels have no magic in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so bulls and bears often fight fiercely in these areas.
The key is whether a rebound can reclaim 0.0045. If it can't, support will turn into resistance. Will the market turn around next?
Just my personal observation, not investment advice.