$PUMP is facing clear rejection near the $0.00390 area.
After a strong run from around $0.00300, price pushed into the $0.00390–$0.00393 resistance zone but failed to hold the highs. The latest candles are showing selling pressure and a possible short-term reversal.
Short Entry: $0.00374–$0.00380
TP1: $0.00365
TP2: $0.00355
TP3: $0.00345
SL: $0.00394
A break below $0.00370 could strengthen the downside move. If PUMP reclaims $0.00390 and holds above it, this rejection setup becomes invalid.
$PUMP
After a strong run from around $0.00300, price pushed into the $0.00390–$0.00393 resistance zone but failed to hold the highs. The latest candles are showing selling pressure and a possible short-term reversal.
Short Entry: $0.00374–$0.00380
TP1: $0.00365
TP2: $0.00355
TP3: $0.00345
SL: $0.00394
A break below $0.00370 could strengthen the downside move. If PUMP reclaims $0.00390 and holds above it, this rejection setup becomes invalid.
$PUMP
