PUMP drops 5.71% and tests short-term support levels
- —Daily decline of 5.71%, weekly loss of 19.51%
- —Price below SMA-7, SMA-15 and SMA-30, above SMA-50, SMA-90 and SMA-200
- —Volume of $176.64 million is 36.32% below the 30-day average
- —A possible 6.875 billion PUMP unlock on Oct 12-14 remains unconfirmed
Why it matters: A token unlock could add selling pressure, but execution is unconfirmed — holders should watch volume and the SMA-50 level.
Source: DiarioBitcoin