While the total crypto market cap is below the modest 2% in the last 24 hours, the meme coins are affecting the branch, the whales are starting to capitalize first.
After soaking so much by double digits on Tuesday, the pump ($ 0.00) is an exterior, which is sticking to some benefits, but the whale prefers to inspire trust.
Sales $ 1 million sales-Afffffff pump price rising 8%
In the last 24 hours, Meme Sikka Market Cap is about 7% low, indicating the broad market Senetty. Between the drop, pump. Token tokens, pumps, are promoting the trend, growing about 8% in one ashframe.
Pump.fun (pump) price display. Source: CoingecoHowever, one that, holding a million pump tokens, may be to get out of the race to buy public sales.
United for blockchain analytics firm Lucanchen, Whale spent $ 5 million to buy pump meme coins worth 1.25 million to buy coins worth 1.25 million
Dipping the early hours of Wednesday’s session, it has deposited its entire purchase into the Crackon Exchange, which is associated with the plan to sell. No, potential sales AFF will mean a loss of about $ 1 million.
Meanwhile, which is this exit, another on Tuesday bought 1.06 billion pump tokens at $ 3.28 million. He also processed the process, opened 3x on the meme coin.
These plays reflect an existing deviation in the whale declaration. Some pumps see the opposite capacity, while others are losing confidence and cutting losses. This short -term exhaust liquidity suggests concerns, which is not afraid of some whales even further upside down.
In addition, this broad meme coin can also indicate the exit of the market, in which high -risk hunger new buyers are entering.
Pump testing resistance as pump.fun price approach
The pump/USDT ($ 1.00) trading pair shows pump on a 4-hour time limit. 78.6% pump at $ 0.003416 to test the resistance of multiplicity due to fibonacies retracement level. Token.
Candlestick close to a decisive day
Depending on the RSI (relative power index), the speed is increasing, which increases the obstacles of the pump value to increase the profit. 67 shows its possession pump
Similarly, at $ 0.002841 and $ 0.003028 50- and 100-day SMAS (simple moving averages) pronounce rapid thesis, provide support and provide an entry point for late bulls.
A successful recurrence of 61.8% Fibonacci Retress Level can be reversed as a support above $ 0.004161. Such steps will lead to 20% climb above existing levels and the platform will be set powerfully for further benefits.
Pump.fun (pump) price display. Source: TardingViewConversely, with a boltinger band testing the upper range of Bollinger with pumper value, there may be an improvement with the buyer.
If this happens, the midline of the Bollinger band may provide initial assistance where it is converted to $ 0.003050 with a 100-day SMA. This couple is a good entry to capitalize bulls.
In a strict case, the moment of the ended seller can pump the value slip, which can blow the midline of the Bollinger band at $ 0.003052, which can be brought to the next level support at $ 0.002842 due to the 50-day SMA.
Below this, the price may spend a leg less, test the lower range of the Bollinger band at $ 0.002697 before a possible bounce.
The post pam while the eyes exit the loss of $ 1 million – is the liquidity of the token drying up? First appeared on the beincrypto.
