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PUMP just lost a major support level—is another 40% drop coming?Caution: PUMP just lost a major support level — is another 40% drop coming? The chart shows a clear breakdown in structure after price lost key support at 0.004035. That level acted as a strong base during the recent consolidation, but once broken, it triggered strong selling pressure. Retest Failed: Price attempted to reclaim the support zone but faced rejection and a bearish retest, confirming the breakdown. Previous Drop: 🔸 We already saw a major drop of nearly 50% earlier. 🔸 Now, the projected move suggests a similar drop is likely, targeting the 0.0024 zone and a possible liquidity pool and demand area. Bias: 🔸 Momentum remains bearish below 0.004035. 🔸 Unless price reclaims and holds above that level, the structure favors downside continuation. Keep managing your risk. Avoid chasing entries blindly. More updates soon. NFa & DYOR
Short
by CryptoPatel
Bitcoin DipBitcoin got a dump pump 'n dump today. I believe it's due to macro economic factors. Nevertheless as I posted on Twitter already, dips like this can happen. A dip of 10% is nothing compared to the dips that occured in the last bull cycle. We've seen a lot of greed in the market and it's something to really take care off. I'll remain bullish in the short term if we can stay above 4H EMA's (where the green line has been drawn). Keep in mind the EMA's (of course do move) if we get a candle close beneath the ribbons I'll become bearish in the short term And since it's dipping it may be nice to buy some additional crypto :)
FTX:BTCPERP
by NotAChartist
2
ADA Accumulation Zones (potential 2x pump incoming)ADA has been holding back from a long time. I think this is because we are currently in an accumulation zone and this graph might possibly indicate be that zone. The first accumulation zone of ADA that lasted from 23rd Dec to 6th Feb, a total of 45 days. In both the zones, after we broke out of the first zone, we made a 3x gains. And the first accumulation zone lasted for 45 days, and this 2nd zone might last for 60 days from 15th Feb to 15th April. Now, to be fair I am not expecting a 3x gains this time, but I am expecting another 2x gains to maybe 2.5usd price target for ADA within the next couple of weeks.
BINANCEUS:ADAUSD
by tanmayjoe
1