#PUMP$PUMP pump is a good long position at this level, but only with spot trading or low leverage. pump has now basically reached a historical low point, down 20% from the issuance price of 0.4, making it a cost-effective investment in terms of valuation. On the other hand, if pump continues to decline and breaks below the current support level, it is likely heading towards zero. For a project with ongoing active trading, this possibility is not high.
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#PUMP$PUMP pump is a good long position at this level, but only with spot trading or low leverage. pump has now basically reached a historical low point, down 20% from the issuance price of 0.4, making it a cost-effective investment in terms of valuation. On the other hand, if pump continues to decline and breaks below the current support level, it is likely heading towards zero. For a project with ongoing active trading, this possibility is not high.