$PUMPBTC 🧐Here is a trend analysis for everyone, which belongs to a strong pullback, with a stubborn resistance in a small cycle.
Daily level
Overall in the pullback stage of a bullish trend:
Moving Average System: Price is above EMA21 (0.1214679), medium-term trend is bullish;
Momentum Indicator: MACD red bars, RSI (95.24242) in the overbought zone, strong bullish momentum;
Price Structure: Previous low of 0.09012 gradually rising, overall showing a "bullish pullback correction" pattern.
4-hour level
After a short-term pullback, it enters a consolidation phase:
Moving Average Relationship: Price is above EMA21 (0.11053), short-term moving averages are converging;
Momentum Indicator: RSI (95.24242) in the overbought zone, MACD green bars, short-term bullish dominance;
Price Structure: Previous high of 0.16897 retraced, forming support near 0.09012, belonging to a "strong pullback" pattern.
1-hour level
Signs of a pullback appear after being overbought:
Moving Average Relationship: Price is above EMA21 (0.10691), short-term moving averages are converging;
Momentum Indicator: RSI (93.60403) entering the overbought zone, MACD red bars emerging, pullback momentum accumulating;
Price Structure: Stabilizing and rebounding above the support level of 0.09012, belonging to a "volume reduction adjustment followed by recovery" pattern.
15-minute level
Strong rebound strength, short-cycle bullish dominance:
Moving Average Relationship: Price is above EMA21 (0.08122), short-term moving averages are arranged in a bullish manner;
Momentum Indicator: RSI (85.52930) in the overbought zone, MACD red bars, short-cycle bullish dominance;
Price Structure: Price gradually rises, breaking through short-term moving average resistance, forming a "bottom lift" structure.