🚀 PUMP/USDT Showing Strong Momentum After Pullback

PUMP is making waves in today’s session with its current price standing at $0.005725, reflecting an impressive +12.81% gain in the last 24 hours. The token bounced strongly after touching its daily low of $0.004959, pushing upward toward the resistance near $0.005870.

The moving averages are showing mixed signals. The short-term MA(7) sits at 0.005243 and MA(25) at 0.005224, both acting as near-term support levels, while the longer MA(99) remains higher at 0.006652, indicating that the broader trend is still recovering from previous losses.

Trading volume is significant, with 15.16B PUMP traded against 80.46M USDT, showing strong market activity and renewed interest from traders. If the momentum continues, a clean breakout above 0.005870 could open the way for further gains. However, failure to hold above 0.005500 may trigger another correction.

This setup is attractive for short-term traders, but risk management is crucial due to the volatility around these levels.

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