$PUMP is up 151.94% in 30 days and it just turned yesterday's high into a floor.
that 30-day move isn't a market tide lifting everything at once. over the same stretch $PUMP put +131.1 points on bitcoin. this is the coin doing its own thing, and buyers keep stepping in on the dips instead of letting it bleed.
here's the honest part. the setup scores 6 out of 14, not a monster read. daily RSI sits at 71, hot enough that a red day or two wouldn't shock me. but the MACD histogram is still positive and price is back above the level that used to cap it.
so i'm leaning long while that reclaim holds. $PUMP trades at $0.005007 right now, wedged between the 24h low at $0.004558 and the 24h high at $0.005128. if it holds $0.00495, i think it grinds up toward the 10-day swing high at $0.005447. if it loses $0.00495, i'm wrong on this and there's nothing to defend, the reclaim failed and anyone long from here is riding it back into that $0.004558 zone.
holding $0.00495 or losing it?
that 30-day move isn't a market tide lifting everything at once. over the same stretch $PUMP put +131.1 points on bitcoin. this is the coin doing its own thing, and buyers keep stepping in on the dips instead of letting it bleed.
here's the honest part. the setup scores 6 out of 14, not a monster read. daily RSI sits at 71, hot enough that a red day or two wouldn't shock me. but the MACD histogram is still positive and price is back above the level that used to cap it.
so i'm leaning long while that reclaim holds. $PUMP trades at $0.005007 right now, wedged between the 24h low at $0.004558 and the 24h high at $0.005128. if it holds $0.00495, i think it grinds up toward the 10-day swing high at $0.005447. if it loses $0.00495, i'm wrong on this and there's nothing to defend, the reclaim failed and anyone long from here is riding it back into that $0.004558 zone.
holding $0.00495 or losing it?