I’m watching $PUMP for a possible short setup on the 4H chart.
Price is forming lower highs after rejection from the $0.00215 area, while momentum continues to weaken.
EP: $0.001962
TP: $0.001877
SL: $0.002047
I think another move lower is possible if price stays below the current resistance zone.
The setup becomes invalid if $PUMP breaks above the stop-loss level.
Price is forming lower highs after rejection from the $0.00215 area, while momentum continues to weaken.
EP: $0.001962
TP: $0.001877
SL: $0.002047
I think another move lower is possible if price stays below the current resistance zone.
The setup becomes invalid if $PUMP breaks above the stop-loss level.