Analysis of PUMP Coin

🔹 Current Price: 0.005185 USDT

🔹 24-Hour Change Percentage: -15.22%

🔹 Highest Price in 24 Hours: 0.006182 USDT

🔹 Lowest Price in 24 Hours: 0.005104 USDT

🔹 Trading Volume: 163.5M USDT

Technical Analysis:

On the short time frame, the overall trend is clearly downward after the coin failed to hold above the levels of 0.0070.

The RSI indicator is currently around 30 → indicating that it is in the oversold zone, which could open the door for a short-term upward correction.

The short moving averages (MA5 and MA10) indicate continued selling pressure.

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Predictions:

If the price maintains the area of 0.0050 – 0.0045, we might see a rebound upwards and test levels of 0.0060 – 0.0065.

However, if the support at 0.0045 is clearly broken, the decline may extend to lower levels.

My Personal Opinion:

The coin is currently in a critical area, and what determines the trend is the current support area.

Short Term: We might see a slight upward correction.

Medium Term: There is still selling pressure, and we need to wait for a clear reversal signal before considering a strong entry.

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