📌 $PUMP
🔵 1. Three clean rejections from the same trendline
The blue arrows highlight three identical touches of the macro descending trendline.
Each touch led to:
lower highs
deep retracements
continuation of the macro downtrend
But the important part is this:
➡️ Price is no longer falling sharply after touching the trendline. It’s starting to compress.
This is usually a sign of momentum weakening on the bearish side.
🟠 2. Large orange zone = Momentum compression
The final large orange circle marks the strongest compression zone on the whole chart.
When price:
stops making new lows
starts forming tight candles
settles under a major trendline
…it often means the market is preparing for a volatility expansion.
Which direction?
That’s the big question — but the yellow projection shows the possibility of a break-up attempt.
🟡 3. Yellow projection: Possible breakout scenario
If PUMP manages to break above the descending trendline:
short liquidations above the trendline may trigger
early breakout traders may attack
momentum algos may wake up
This could launch PUMP toward 0.0045 – 0.0060 levels.
Not guaranteed — but structurally possible.
🔵 4. Key level to watch
Right now, everything depends on ONE line:
➡️ The descending trendline
If price closes above it with volume, this whole multi-month downtrend could flip into a reversal attempt.
If rejection happens again, expect another sweep of the lows.
📣 Discussion for the Crypto Community
What do you think?
👉 Is PUMP preparing for its first real breakout after months of compression?
👉 Or is this just another fake-out before making new lows?
👉 Does this look like accumulation or distribution to you?
Share your ideas — let’s break it down together. 👇
@xcellancer trader @CZ @Michael Saylor @Binance Earn Official @Binance Italy @Binance Filipino @Binance Labs @Binance South Africa Official @Binance Global Türkçe @Binance Burmese @GMT DAO @TrustWallet #pumpiscoming #pumpingsoon @Binance Burmese