$PUMP The 4-hour chart is bearish with the price below all major moving averages. On the 1-hour chart, the structure is also bearish, and the Relative Strength Index is weak at 31.24, indicating strong selling momentum. The setup is now armed, waiting for the 15-minute Relative Strength Index to drop below 50 to confirm a new short entry. This is the trigger for the next leg. Why now? The momentum is already weak, and breaking support on the 1-hour could accelerate the move towards the first target.

Executable setup now (short)

Entry: market at 0.001726 – 0.001743

TP1: 0.001683

TP2: 0.001666

TP3: 0.001632

Stop loss: 0.001785

$PUMP

PUMP

0.001701

-9.47%