$PUMP /USDC BULLISH CONTINUATION SETUP
Market Structure:
The chart reflects a bullish recovery phase with price sustaining above the Supertrend (10,3), indicating buyers remain in control. After a strong impulse move, price is consolidating above a key demand zone, forming a base for the next directional expansion. Structure remains favorable as higher lows are preserved.
Trend & Momentum:
Supertrend acting as dynamic support, confirming bullish bias.
EMA and MA alignment suggests trend continuation rather than exhaustion.
Volume expansion during the rise supports genuine buying interest.
Trade Plan – LONG SETUP:
Entry Zone: 0.00255 – 0.00270
Targets:
TP1: 0.00287
TP2: 0.00310
TP3: 0.00345
Stop Loss: 0.00235 (below structural support and Supertrend invalidation)
Invalidation:
A strong close below the stop-loss zone would invalidate the bullish setup and signal a potential trend shift.
Risk Management:
Limit risk per trade to a small fixed percentage, scale out at targets, and trail stop loss after TP1 to protect capital.
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