$PUMP #PUMP 📉
Direction: SHORT
Entry zone: 0.00399 to 0.00400
Stop loss: 0.00405
Target 1: 0.00391
Target 2: 0.00385

Pump.fun is trading near 0.00399 dollars, down 4.01 percent in 24 hours, inside a range of 0.00388 to 0.00426. My reading is that sellers are in control after a hard day, because the recent closes stayed pinned near the low, 0.00397, then 0.00396, then 0.00397, then 0.00399, which is a market that cannot bounce even a little, not a dip buyers are rushing to buy. 📉 A short from the current zone, with a stop above 0.00405, targets 0.00391 first and then 0.00385 if selling continues. A recovery above 0.00405 kills the idea without debate.

Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.

Does Pump.fun fall to 0.00391 first, or recover above 0.00405? 🤔

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#Pumpfun #Crypto #FuturesTrading #TradingSignals