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The price failed at $0.0034 due to weakening momentum—a bearish trend will only emerge if...

The price failed at $0.0034 due to weakening momentum—a bearish trend will only emerge if...

币界网币界网2026/02/03 05:14
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According to a report by Bijie Network: Despite doubling its revenue in January and strong bullish momentum in the market, the PUMP token still failed to break through the $0.0034 resistance level. After bitcoin fell below $80,600 and the overall market declined, the PUMP token retested the $0.00225 support level. Although the daily chart structure remains technically bullish, indicators such as the RSI falling below 50 suggest that bears are currently in control. Traders are advised to closely monitor the $0.00225 price level, as a break below this level could confirm a shift to a bearish trend.
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