PUMP: Trader Flags 50% Gains and ICO Resistance
PUMP advances 50% to 0.00253 while HYPE climbs to 56.81 as trader eyes trim and dip buys amid altcoin resistance.
SourceAnalysis
PUMP climbed from 0.001701 to 0.002530 for a 50% gain while HYPE moved from 52.20 to 56.81, prompting the trader to recommend trimming positions as resistance builds near the 0.003 level and ICO price unlocks loom.
With price testing upper Bollinger resistance at $0.0 while RSI flashes overbought at 76.58, a healthy retracement to the 50-EMA support at $0.0 seems probable before further continuation as the MACD golden cross at 0.0 holds the bullish structure intact.
Pentoshi
@Pentosh1Builder at Beam and Sophon, advancing decentralized technology solutions.