$PUMP is ~$0.00426 on Binance, −2.8% in 24h after tagging $0.00456 yesterday. It has chopped between $0.0039 and $0.0046 for a week.
The case for bulls: 50% of Pump.fun revenue buys and burns PUMP (135.7M burned on Nov 4, ~$584K), and Elysium trading goes live in the Pump.fun app on Nov 9. The case against: weekly revenue fell 18% to $8.2M and Binance perp open interest is down ~7% in 24h.
Bid $0.00405–0.00418 (Oct 31 + Nov 4 lows)
TP1 $0.00445–0.00450 · TP2 $0.00456–0.00466
Out: 4H close < $0.00400
From the mid ($0.004115, risk ~4%): ~2.0–2.3R / ~2.7–3.3R. Chasing $0.00426 is only ~0.6–0.8R with a stop ~7.2% away.
Wilder RSI 1D ~46 / 4H ~52.
Bid the dip, or wait for a 4H close above $0.00456? 👇
NFA. DYOR.
The case for bulls: 50% of Pump.fun revenue buys and burns PUMP (135.7M burned on Nov 4, ~$584K), and Elysium trading goes live in the Pump.fun app on Nov 9. The case against: weekly revenue fell 18% to $8.2M and Binance perp open interest is down ~7% in 24h.
Bid $0.00405–0.00418 (Oct 31 + Nov 4 lows)
TP1 $0.00445–0.00450 · TP2 $0.00456–0.00466
Out: 4H close < $0.00400
From the mid ($0.004115, risk ~4%): ~2.0–2.3R / ~2.7–3.3R. Chasing $0.00426 is only ~0.6–0.8R with a stop ~7.2% away.
Wilder RSI 1D ~46 / 4H ~52.
Bid the dip, or wait for a 4H close above $0.00456? 👇
NFA. DYOR.
