$PUMP / USDT — Bearish Continuation Setup
PUMP is clearly in a downtrend on both the 4H and 1H charts, with price trading below all major moving averages. This confirms that sellers remain in control. On the lower timeframe, momentum has just turned bearish, as the 15-minute RSI dropped below 50, signaling that buying pressure is fading.
This momentum shift acts as the trigger for a short trade, aiming to follow the existing downtrend toward lower support levels.
Trade Setup (SHORT)
Entry: 0.00171 – 0.001726
Targets:
TP1: 0.001668
TP2: 0.001652
TP3: 0.001619
Stop-Loss:
0.001767
Summary: With trend and momentum aligned to the downside, this setup favors continuation lower. As long as price stays below resistance and momentum remains weak, sellers are likely to push price toward the next demand zones.
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