Wait...Wait...Wait..GUYS 🔥🚀
I watched $PUMP break out of that rounding bottom near $0.001429, but this current extension straight into the $0.005000 region makes me question if buyers are overextending themselves right before major resistance.
However, the lower daily volume on today's dip suggests this is standard consolidation rather than heavy panicking off the highs.
(RSI)😜 reached overbought territory near 77 during the high at $0.005050, which signals stretched short-term momentum and warrants caution against buying directly at market.
Entry: $0.004713 (or waiting for a deeper dip down toward $0.003500)
Stop Loss: $0.003411
TP: $0.009058
I watched $PUMP break out of that rounding bottom near $0.001429, but this current extension straight into the $0.005000 region makes me question if buyers are overextending themselves right before major resistance.
However, the lower daily volume on today's dip suggests this is standard consolidation rather than heavy panicking off the highs.
(RSI)😜 reached overbought territory near 77 during the high at $0.005050, which signals stretched short-term momentum and warrants caution against buying directly at market.
Entry: $0.004713 (or waiting for a deeper dip down toward $0.003500)
Stop Loss: $0.003411
TP: $0.009058