Markets· ★★· bearish·

PUMP falls 5.73% to $0.00432, trading below key moving averages

  • —Price of $0.0043229 is below SMA-7, SMA-15 and SMA-30
  • —Volume of $111.17 million is 60.41% below the 30-day average
  • —RSI at 40.7 and bearish MACD; stochastic at 3.4% signals oversold
  • —Up 4.46% over 30 days and 110.57% over 90 days despite the weekly drop
Why it matters: Thin volume and weak technicals point to further downside risk until the price reclaims nearby moving averages.
#PUMP
Source: DiarioBitcoin
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