Currently, 
PUMPUSDT is trading at $0.0028, just under the resistance at $0.0029. The altcoin has marked a 20% drop over the past 24 hours, which is one of its largest single-day declines recently. The lack of bullish momentum and increasing outflows suggest that PUMP may continue to struggle.
Given the market conditions, it is likely thatPUMPUSDT could fall further. The next support level lies at $0.0024, which would represent another significant loss for investors. If the current trends continue, the altcoin could face even steeper declines, putting its recent lows at risk.
However, ifPUMPUSDT manages to reclaim the $0.0029 support level, it could see a bounce back. A successful reclaiming of this level could lead to an attempt to recover toward the resistance at $0.0034, invalidating the current bearish outlook.
PUMPUSDT is trading at $0.0028, just under the resistance at $0.0029. The altcoin has marked a 20% drop over the past 24 hours, which is one of its largest single-day declines recently. The lack of bullish momentum and increasing outflows suggest that PUMP may continue to struggle.Given the market conditions, it is likely that
PUMPUSDT could fall further. The next support level lies at $0.0024, which would represent another significant loss for investors. If the current trends continue, the altcoin could face even steeper declines, putting its recent lows at risk.However, if
PUMPUSDT manages to reclaim the $0.0029 support level, it could see a bounce back. A successful reclaiming of this level could lead to an attempt to recover toward the resistance at $0.0034, invalidating the current bearish outlook.
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Leader in crypto news, award winning journalism in 26 languages.
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.