PUMP Surges 13% as Wintermute’s $3.5M Bet Sparks Whisper of a Potential 55% Breakout – Are You Ready to Ride the Wave?
Source: TradingView
If momentum holds, PUMP could rally 12% to $0.00332. A candle close above $0.0038 could trigger a much larger 55% upside move.
The Supertrend indicator flipped green and shifted below the price, confirming a bullish bias.
PUMP’s bullish on-chain activity
Investors and long-term holders have been actively accumulating the memecoin, per CoinGlass.
Data revealed that investors withdrew $19.53 million worth of PUMP from exchanges over the last two weeks.
This substantial outflow from exchanges suggests potential accumulation, which could lead to increased buying pressure and further price appreciation.
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