Cena 2024PUMPPUMP

PUMP is flashing early recovery signals on the 4-hour chart, offering a glimmer of hope for bulls. The Relative Strength Index (RSI), which dipped close to oversold levels earlier this week, has now bounced to the 33–34 range. A decisive break above the dotted descending RSI trendline would be an encouraging sign, as it could signal that bearish momentum is fading and that buyers are gradually regaining control. If the RSI pushes higher toward the midline (50), it would further strengthen the case for a short-term rebound. However, challenges remain. The 200-period Exponential Moving Average (EMA) at $0.0055 sits directly overhead and is expected to act as a supply zone, potentially slowing down the recovery. Adding to this, the 50-period EMA at $0.0062 is threatening to close below the 100-period EMA. Such a cross — often referred to as a Death Cross — is considered a bearish development, reflecting weakening market sentiment and the risk of extended downside pressure. From a price action perspective, the immediate support lies around $0.0050, a zone highlighted in green on the 4-hour chart. Holding this level will be critical for buyers to prevent further capitulation. Should this support fail, PUMP may slide deeper into its next major demand area near $0.0040, where buyers are likely to regroup. Overall, while PUMP is attempting to stage a recovery, the technical setup remains fragile. Traders should watch whether the RSI continues to climb and whether the $0.0050 support zone holds, as these factors will determine if the token can stabilize or risk another leg lower. $PUMP

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pump.$FUN has conducted a cumulative buyback of PUMP tokens worth over $114 million.

Legendary trader Machi Big Brother, who turned $0 into $42.6M in just 4 months, just had a brutal week — down nearly $30M in less than 7 days. Current equity: about $11.6M. Open Positions: • 🔴 ETH 15× long — $121M+ exposure, liquidation at $3575. • 🔴 PUMP 5× long — $25M+ exposure, liquidation at $0.0022. • 🔴 HYPE 10× long — $850k exposure. With this level of leverage, one wrong move could wipe him completely. If ETH keeps bleeding — watch the liquidation cascade.

CRYPTO REPORT OF THE DAY: Here are the Top 3 Losers🔴 1️⃣ #Story ( $IP ) 🔽21.42% 🏷$9.83 2️⃣ #0G ( #0G ) 🔽21.22% 🏷$4.05 3️⃣ #pumpdotfun ( $PUMP ) 🔽10.83%  🏷$0.005271