š$PUMP
BEARISH TECHNICAL ANALYSIS
$PUMP is showing bearish signs as price struggles near the 0.002841 resistance zone and fails to maintain upward momentum. The formation of a lower-high structure indicates weakening buyer strength, suggesting sellers may push price toward key support levels.
Bearish Highlights:
ā¢ Rejection from 0.002841 resistance zone
ā¢ Lower-high formation signaling bearish momentum
ā¢ Momentum fading after minor bullish attempts
ā¢ Price testing mid-range support levels
POTENTIAL TARGETS (TP):
ā¢ TP1: 0.002820
ā¢ TP2: 0.002800
ā¢ TP3: 0.002741 major support
STOP LOSS (SL):
ā¢ Above the recent lower high / resistance zone
RISK MANAGEMENT:
Risk only 1ā2% per trade, maintain disciplined stop-loss placement, and avoid oversized positions during volatile conditions.
