PUMP retreats 29.5% from August peak and tests $0.00317 support
- —PUMP rose 104.7% in the second half of August, from $0.00265 to $0.00543
- —It is down 29.5% from its peak, with the price at $0.00317 support
- —$25 million worth of PUMP tokens were unlocked on September 12
- —CMF fell to -0.19, its lowest since May; the Awesome Oscillator shows a bearish crossover
Why it matters: Holding $0.00317 will determine whether the August momentum persists; a break below $0.00265 would open the way for further declines.
Source: TokenPost