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.