$PUMP rejected the $0.0030 resistance after briefly breaking above it, suggesting the breakout may have been a liquidity sweep rather than a sustained move higher.
Trading Plan: Short $PUMP
Entry: Above $0.0030–$0.0033
SL: $0.0034
TP1: $0.0029
TP2: $0.0027
TP3: $0.0025
The failure to hold above the key resistance zone is putting short-term pressure back on the price. If sellers continue to defend this area, $PUMP could retrace toward the lower liquidity zones before attempting another recovery.
Watch the reaction around the entry zone and manage risk carefully.
DYOR.
Trading Plan: Short $PUMP
Entry: Above $0.0030–$0.0033
SL: $0.0034
TP1: $0.0029
TP2: $0.0027
TP3: $0.0025
The failure to hold above the key resistance zone is putting short-term pressure back on the price. If sellers continue to defend this area, $PUMP could retrace toward the lower liquidity zones before attempting another recovery.
Watch the reaction around the entry zone and manage risk carefully.
DYOR.