PUMP’s Balance of Power (BoP) remains positive reflecting sustained and intensifying buying pressure. This surge in buyer dominance supports a bullish outlook for the meme coin, as demand shows no signs of slowing down.
The BoP tracks the strength of buying versus selling by comparing price movements over a set period.
A positive reading means buyers are in control, often signaling an increased probability of further upward momentum.
With PUMP’s BoP firmly in positive territory, the market sentiment remains decisively bullish.
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Truly Unbiased Cryptocurrency News beincrypto.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.