$PUMP is testing a resistance area after a strong bounce, and rejection from this zone could trigger a short-term pullback.

Short #pump

Entry: 0.00210 – 0.00213
Stop Loss: 0.00218

TP1: 0.00204
TP2: 0.00198
TP3: 0.00192

Why this setup?

Price is currently pushing into the 0.00210–0.00213 resistance zone, which previously acted as a rejection area on the chart. Markets often react when revisiting these liquidity zones.

The recent move upward was a fast impulse, and after such moves, price frequently pulls back to retest lower support levels before deciding the next direction.

Another factor is the previous consolidation area around 0.00200–0.00204, which could act as the first magnet for price if sellers step in.

With a stop above 0.00218, risk remains controlled while the downside targets align with previous structure levels.

Debate:

Bulls could argue that the chart is forming higher lows, which may indicate the start of a bullish continuation. If price breaks and holds above 0.00218, the short setup becomes invalid and the market could push toward 0.00225+.

Trade $PUMP here 👇 📉