🚨 Pump.fun ($PUMP ) dropped nearly 30% after hitting its peak!
After reaching an ATH of 0.0090 USD, $PUMP has quickly "deflated," falling back to around 0.0069 USD. The technical indicators are not very optimistic:
MACD just created a bearish cross, signaling a downward trend.
RSI has left the overbought zone, indicating weakening momentum, but is still above 50 – meaning there is still hope.
👉 The current important support level: 0.0062 USD. If this level is broken, PUMP may continue to decrease significantly. Conversely, if it holds above 0.0074 USD, the chance to retest the peak of 0.0090 USD still exists.
⚠️ This article is for informational purposes only and is not financial advice. Anyone who bought at the peak should remember to hug a pillow to stay warm, don't blame the market! 😆