$PUMP Update: Oversold & Ready for a Rebound? 📈
Looking at the 1h chart for $PUMP , we are seeing some interesting action near the key support levels:
Current Price: 0.003510 USDT
RSI (6): Sitting at ~29.9, firmly in the oversold zone, signaling that selling pressure might be exhausting.
Volume Spike: A strong volume spike was just registered on the dip to 0.003428 USDT, showing aggressive buyer absorption at the lows.
When the RSI drops this low and big volume steps in, it often sets the stage for a sharp relief rally. Keep this one on your radar for a potential bounce back toward the moving averages! 🌕🔥
(Not financial advice. Always do your own research!)