$PUMP
/USDT is grinding through a tense short-term battle.
Price is hovering around 0.001715 after a sharp intraday drop of over 10%, tagging the 0.001701 low before bouncing. That dip looks like a clean liquidity sweep, not a free fall. Buyers reacted quickly, but conviction is still thin.
On the 1-minute chart, price is stuck below the MA99 near 0.001723, which is acting as a heavy ceiling. MA7 and MA25 are flat around current levels, showing hesitation and indecision. Every push higher is getting sold, but downside follow-through is weak.
Volume confirms that story. A single spike came during the bounce, then activity faded fast. That usually means the market is waiting for the next trigger.
Key levels in play: Support: 0.001701–0.001710
Immediate resistance: 0.001720–0.001723
Breakout level: Above 0.001723 with volume
As long as 0.001701 holds, this is consolidation after a shakeout. A clean reclaim of 0.001723 can open a fast move toward 0.00175+. Lose 0.001701, and downside continuation resumes.
This is not trending yet. It’s coiling, and the next impulse will be decisive...