PUMP/USDTCurrent Market Structure
Strong pump occurred around July 13th, peaking above 0.0072.
Price retraced and is now ranging between 0.00580 – 0.00640.
Appears to be forming a consolidation or flag pattern, which can break either way.
Volume is declining, indicating potential for breakout buildup.
#PUMP is trying to break out of the falling channel! #PUMP Our previous trade setup, SL, got hit.
Currently, it is trying to break out of the falling channel on the 1H chart.
If it holds above the breakout zone, it could push toward $0.0082 📈
Entry: 0.0060 – 0.0063
Stop Loss: 0.00578
Targets:
TP1: 0.0068
TP2: 0.0074
TP3: 0.00795
TP4: 0.00823
Class
Where Should We Rebuy The PUMP? (8H)With the large bearish master candle formed at the top, the structure has turned bearish.
The green zone is the best and lowest-risk area for long positions or rebuys.
Reaching this zone may take some time, but you can already add this symbol to your watchlist and wait for it to reach the area befo
$PUMP’s Stochastic at 60 – Room for Growth?Analysis: At $0.167, NYSE:PUMP ’s Stochastic Oscillator is at 60 on the daily chart, suggesting room for upside before overbought levels. Resistance at $0.17 is critical; support at $0.15 holds. Recommendation: Long on a break above $0.17; stop below $0.15.
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