Markets· ★★· bearish·

PUMP drops 6.90% to $0.00507, tests key support levels

  • —Price at $0.0050737, down 6.90% from the prior close of $0.0059029
  • —Volume of $254.85 million, 7.19% below the 30-day average
  • —Price sits below the 5, 7, 10 and 20-day SMAs but above the 30, 50, 90 and 200-day SMAs
  • —RSI at 48.2 is neutral, MACD is bearish; ATR equals 11.9% of price
Why it matters: Short-term weakness persists while the medium-term uptrend holds; a break below $0.00478 would expose the 50-day SMA at $0.00470.
Source: DiarioBitcoin