Supreme Court Ruling on Trump Tariffs Could Impact $133.5 Billion
- Tariff Impact Assessment: The U.S. Supreme Court is set to rule on the legality of Trump's 2025 'Liberation Day' tariffs, which range from 10% to 50%, potentially affecting over $133.5 billion in duties, with importers eligible for refunds if overturned, thereby impacting fiscal policy and market stability.
- Economic Power Controversy: Legal experts highlight that the broad language of IEEPA may grant extensive economic powers to the president, as Trump's tariffs during the 2018-2019 trade war generated about $600 billion in revenue, complicating national fiscal discussions.
- Crypto Market Reaction: Bitcoin is currently trading near $90,000, with the market closely monitoring the Supreme Court's ruling; if the decision triggers fiscal unease, it could lead to tightened liquidity and increased volatility in crypto assets.
- Policy Change Expectations: Prediction markets like Polymarket are already pricing in the odds that the Court may invalidate the tariffs, and if the ruling leads to policy changes, it could spark reflective volatility in the crypto market, highlighting the close ties between economic policy and digital assets.
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Technical Analysis for PUMP
Technical Sentiment Analysis for Pump.fun (PUMP) As of , Pump.fun (PUMP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PUMP 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, PUMP 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 $-.
Pump.fun (PUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000445 | 0.00105 | 0.00166 | 0.00226 | 0.00287 | 0.00348 | 0.00408 |
| Fibonacci | 0.00105 | 0.00152 | 0.0018 | 0.00226 | 0.00273 | 0.00301 | 0.00348 |
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