$PUMP is down 12.81% on the week and still up 49.70% on the month, and I'd buy that dip before I'd chase the month.
The screener scored the long 8 out of 14. That's decent, not a 12, so I'm not dressing it up. The daily stack is intact and RSI is 54, which means nothing is overheated.
The ugly parts: the daily MACD histogram is negative, and the last 5 days of volume run at 0.81x the 20 days before. Buyers have gone quiet, not gone home.
Against BTC it's 10.8 points behind over 7 days and 41.2 points ahead over 30. That's a pullback inside a monthly run, not a broken coin.
$PUMP trades at $0.005467 right now. If it holds the daily EMA20 at $0.0053997, I think it goes back to yesterday's high at $0.005841. If it loses $0.0053997, I'm wrong and there's nothing to defend. The 24h low of $0.005403 sits barely above that line, so there's very little cushion if you're already long.
holding $0.0053997 or losing it?
follow me for more calls like this.
The screener scored the long 8 out of 14. That's decent, not a 12, so I'm not dressing it up. The daily stack is intact and RSI is 54, which means nothing is overheated.
The ugly parts: the daily MACD histogram is negative, and the last 5 days of volume run at 0.81x the 20 days before. Buyers have gone quiet, not gone home.
Against BTC it's 10.8 points behind over 7 days and 41.2 points ahead over 30. That's a pullback inside a monthly run, not a broken coin.
$PUMP trades at $0.005467 right now. If it holds the daily EMA20 at $0.0053997, I think it goes back to yesterday's high at $0.005841. If it loses $0.0053997, I'm wrong and there's nothing to defend. The 24h low of $0.005403 sits barely above that line, so there's very little cushion if you're already long.
holding $0.0053997 or losing it?
follow me for more calls like this.