PUMP: what would confirm the move, and what would cancel it
PUMP is at 0.004727, up 11.9% over the last 24 hours.
The trend is up and every dip keeps getting bought.
Base case: as long as 0.00461967 holds, the path of least resistance points to 0.004897 and then 0.005145 in the coming hours.
Risk case: losing 0.0039692 flips the picture and opens the slide lower.
On the chart: the solid line is actual price, the faded cone is an illustrative scenario, not a certainty.
Trade PUMP: spot https://www.binance.com/en/trade/PUMP_USDT | futures https://www.binance.com/en/futures/PUMPUSDT
$PUMP #PUMP #Write2Earn #USDollarFallsToThreeMonthLow #MarketOutlook
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
PUMP is at 0.004727, up 11.9% over the last 24 hours.
The trend is up and every dip keeps getting bought.
Base case: as long as 0.00461967 holds, the path of least resistance points to 0.004897 and then 0.005145 in the coming hours.
Risk case: losing 0.0039692 flips the picture and opens the slide lower.
On the chart: the solid line is actual price, the faded cone is an illustrative scenario, not a certainty.
Trade PUMP: spot https://www.binance.com/en/trade/PUMP_USDT | futures https://www.binance.com/en/futures/PUMPUSDT
$PUMP #PUMP #Write2Earn #USDollarFallsToThreeMonthLow #MarketOutlook
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.