📈 Analytical update for currency $PUMP
Dear followers,
We present to you a new technical update for $PUMP . Based on previous analyses, we have witnessed a strong upward movement in the currency's trajectory, necessitating an update of the current technical levels.
Objective analysis of the previous movement
The recent price movement has confirmed the effectiveness of the levels we identified. The breakout of the previous resistance has led the currency into a new stage of ascent, driven by high trading volume and positive momentum indicators.
Current analysis of the technical levels
Now that we have reached new price levels, the support and resistance levels are changing.
• Strong Support: The $0.00815 USDT level, which served as previous resistance, has now become a key support point. This shift reflects the strength of the upward trend.
• Next Resistance: The nearest resistance is at the $0.0090 USDT level, which is the highest price point the currency has reached recently.
Potential scenarios based on technical analysis
• Scenario One: If the upward momentum continues and the price successfully breaks the $0.0090 USDT level, the next technical targets could be at $0.0095 USDT and then $0.0100 USDT.
• Scenario Two: If the currency faces selling pressure at the current resistance, a price correction towards the new support level at $0.00815 USDT may occur.
