US Freezes Nearly $500 Million in Iranian Crypto Assets
- Economic Sanctions Action: Treasury Secretary Scott Bessent confirmed that Operation Economic Fury has frozen nearly $500 million in Iranian crypto assets, including a $344 million Tether freeze, demonstrating a strong US crackdown on Iranian financial channels.
- Currency Crisis Intensifies: Bessent noted that Iran's currency has depreciated by 60% to 70% against the dollar, indicating that the country is facing a severe currency crisis that may hinder its ability to pay military forces and fund proxy networks.
- Expanded Sanctions Scope: Since February 2025, the US Treasury has sanctioned over 1,000 individuals and entities related to Iran, with the scope of Operation Economic Fury expanding to include secondary sanctions against Chinese oil refineries, reflecting a comprehensive US pressure strategy on Iran.
- Crypto Asset Freezes: On April 23, Tether froze $344 million in USDT across two Tron addresses at the direction of the OFAC, marking the largest single crypto enforcement action linked to Iran, further exacerbating the economic plight of the nation.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for PUMP
Technical Sentiment Analysis for Pump.fun (PUMP). As of , Pump.fun (PUMP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 4 indicators are flashing buy, while 1 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 crypto.
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 | 0.00128 | 0.00148 | 0.00164 | 0.00184 | 0.002 | 0.0022 | 0.00236 |
| Fibonacci | 0.00148 | 0.00162 | 0.0017 | 0.00184 | 0.00198 | 0.00206 | 0.0022 |
About PUMP
About the author
