PUMP token has surged 7.75% in the past 24 hours, recovering from a 31% decline over the week. This rebound is attributed to a $138 million buyback and a trading volume of $312 million. The token's market capitalization stands at $1.36 billion.
Currently, PUMP faces significant resistance at $0.0048, with support at $0.0038. A breakthrough above the resistance could push the price towards $0.0055, while a fall below support might lead to further selling. Technical indicators present mixed signals, with the Chaikin Money Flow (CMF) suggesting accumulation, whereas the Relative Strength Index (RSI) remains neutral at 38.89.
PUMP Token Gains 7.75% Amidst Market Volatility
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