PUMP is quoting at 0.001436, within a consolidation range that has been forming since the middle of the analyzed period $PUMP , with the green rectangle marking an accumulation zone between approximately 0.0012 and 0.0016.
The RSI is at 57.19, in neutral territory with a slight bullish bias, after having touched overbought levels above 65 during the last price rebound. The horizontal line at 0.001496 marks the recent ceiling of the range— a level the price attempted to reclaim before pulling back to the current quote.
The distribution projection visible on the chart suggests a likely range between 0.0012 and 0.0017 for the upcoming sessions, although this corresponds to a statistical model and not to a technical level confirmed by price action.
#pump #PUMPUSDT
The RSI is at 57.19, in neutral territory with a slight bullish bias, after having touched overbought levels above 65 during the last price rebound. The horizontal line at 0.001496 marks the recent ceiling of the range— a level the price attempted to reclaim before pulling back to the current quote.
The distribution projection visible on the chart suggests a likely range between 0.0012 and 0.0017 for the upcoming sessions, although this corresponds to a statistical model and not to a technical level confirmed by price action.
#pump #PUMPUSDT