SunPump is Stealing the Spotlight from PumpFun, How?
Tron's SunPump Surpasses Pump.fun: Tron's new memecoin platform, SunPump, launched by Justin Sun, has quickly outperformed Solana's Pump.fun, generating $571,000 in daily revenue compared to Pump.fun's $368,000, attracting traders with a higher success rate for token launches.
Increased Activity on Tron Network: The surge in activity from SunPump has led to a significant increase in Tron’s blockchain usage, with 1.97 million active wallet addresses and record daily fees of $5.43 million, far exceeding Solana's figures.
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Technical Analysis for MICHI
Technical Sentiment Analysis for Michi (MICHI) As of , Michi (MICHI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MICHI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MICHI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Michi (MICHI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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