๐ $PUMP is heating up โ but can the momentum continue?
PUMP is trading around $0.00510, up over 16% in 24h on the chart provided. The 15-minute structure remains bullish, with price holding above the MA(25) at $0.00503 and MA(99) at $0.00466. However, the MA(7) at $0.00512 is slightly above current price, showing short-term hesitation.
The key resistance is $0.00521โ$0.00526, near the recent high. A clean breakout could open room for another momentum move. On the downside, $0.00503 is the first support, followed by $0.00489.
RSI(6) is around 50.7, so the chart isn't deeply overbought yet. Recent market data also shows PUMP recovering strongly from the late-September lows.
Watch the breakout, but don't chase candles.
#pump #pumpfun
PUMP is trading around $0.00510, up over 16% in 24h on the chart provided. The 15-minute structure remains bullish, with price holding above the MA(25) at $0.00503 and MA(99) at $0.00466. However, the MA(7) at $0.00512 is slightly above current price, showing short-term hesitation.
The key resistance is $0.00521โ$0.00526, near the recent high. A clean breakout could open room for another momentum move. On the downside, $0.00503 is the first support, followed by $0.00489.
RSI(6) is around 50.7, so the chart isn't deeply overbought yet. Recent market data also shows PUMP recovering strongly from the late-September lows.
Watch the breakout, but don't chase candles.
#pump #pumpfun