$PUMP /USDT – Short-Term Bearish Momentum 🛑
Momentum Analysis:
PUMP has declined -6.44% over the past 24h, currently trading at 0.002353 USDT. The 24h high was 0.002554 USDT, while the 24h low sits at 0.002338 USDT, showing price is hovering near daily support. Trading volume is moderate at 8.50B PUMP, with 20.84M USDT traded, indicating steady activity.
Long Setup (Speculative / High-Risk):
Entry Zone: 0.002338 – 0.002353 USDT
Targets:
T1: 0.002408 USDT
T2: 0.002499 USDT
T3: 0.002591 USDT
Stop Loss: 0.002317 USDT
Breakout / Confirmation Level:
A bullish confirmation would require a close above 0.002408 – 0.002499 USDT with increased buy volume.
Key Support:
Immediate support at 0.002338 USDT
Secondary support near 0.002317 USDT
Pro Tip:
Given the downtrend, wait for signs of volume pickup before entering. Tight stop-loss is essential to manage risk.
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