đ $PUMP is near its range floor after the latest completed candle extended the decline.
đ” Price: $0.005767 (-9.5% / 24h). Last completed 1H close: $0.005752.
đ Above $0.006516: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
đ Below $0.005737: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
đĄ The latest completed candle finished near its low after another lower close. A brief bounce alone would not demonstrate that the decline has reversed.
đ Binance spot · 08 Oct, 12:18 UTC
Educational analysis.
#PUMP #PriceAction #TechnicalAnalysis
đ” Price: $0.005767 (-9.5% / 24h). Last completed 1H close: $0.005752.
đ Above $0.006516: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
đ Below $0.005737: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
đĄ The latest completed candle finished near its low after another lower close. A brief bounce alone would not demonstrate that the decline has reversed.
đ Binance spot · 08 Oct, 12:18 UTC
Educational analysis.
#PUMP #PriceAction #TechnicalAnalysis