Analysis of PussFi (PUSS) Coin In TradingView Using Technical Analysis

We all have heard so much about about PussFi (PUSs) right from when it was launched, listed on coinmarketcap, poloniex exchange, and so on. It is a decentralized meme coin that is developed on the Tron blockchain network, sponsored by top communities on the Steemit platform.

PUSS coin is developed on Tron blockchain to utilize the TRC-20 standard, which is designed for use within the PussFi ecosystem, which includes interesting features like Potential future gaming integration, decentralized exchange through SunSwap, and NFT marketplace shortly.

The good thing about PussFi is that it distinguished itself by offering real utility, within the Steemit community in particular, making it a coin that is far more than a Memecoin which is the slogan of the Puss coin.

Tradingview

As of the time of writing this post, PUSS is trading at around $0.006752 which you can see from the chart from Tradingview. PUSS has experienced a growth of more than 30% in the previous week (last week). However, despite the growth it experienced, it remains a cryptocurrency, meaning it is not far away from volatility, as its current price has dropped by more than 1.53%.

Tradingview

The all-time high of PUSS was around $0.007502 before it then dropped down even below the current price it is today which you can see from the 1-hour chart above.

Tradingview

Looking at the chart chart above which we have applied the Bollinger bands indicator, you will see that a resistance level is expected to be created at around $0.007000 if we can hit this level then we should be expecting to see a PUSS coin trading around $0.008 and above.

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Disclaimer

_{PUSS coin features include; a liquidity pool buyback strategy to sustain the long-term value of the coin, and a deflationary mode to help investors overcome inflation. Please note that this post isn't a post of financial advice to prompt you to buy or sell PUSS, but serves as educational content.}