Here’s a concise analysis of the $PUMP market situation based on your post and the latest trading data:
1. Price Action & Structure
$PUMP has shown a strong upward move in the last 24 hours, with the price ranging from a low of 0.002174 to a high of 0.002526, currently around 0.002382. The formation of higher lows and a recent test of resistance at 0.0025270 supports a bullish structure and ongoing momentum.
2. Volume & Capital Flows
Significant volume spikes (like 33.675B during breakout) indicate real buyer interest. Volume has since normalized, suggesting consolidation and potential for another push. Net inflows remain positive over 6 and 24 hours, with spot market inflows backing up natural demand.
3. Trading Plan Summary
Main long entry: Retest of 0.00233-0.00235 (near MA20) with 1H candle confirmation.
Backup entry: Break above 0.002462 with volume >2B.
Stop loss: 3.5% below entry, around 0.002248.
Targets: TP1 at 0.002515 (recent high), TP2 at 0.002546 (resistance zone).
Overall, $PUMP is consolidating after a strong move, with bullish momentum and positive capital flows supporting the long bias.

