$PUMP — BUYERS ARE BEING TESTED! ⚡
Sometimes the most important market signal isn't a breakout, but how price behaves after leveraged positions get flushed. I'm watching whether PUMP can stabilize and attract fresh buying interest after this liquidation event.
🔴 Long Liquidation: $2.6502K at $0.00364
The liquidation around $0.00364 highlights pressure on leveraged buyers. If sellers continue dominating, another downside test is possible. However, a strong recovery could create an opportunity for a short-term rebound.
📊 Key Levels (Estimated):
Support S1: $0.00360
Support S2: $0.00354
Resistance R1: $0.00370
Resistance R2: $0.00378
🎯 Trading Setup:
EP: $0.00361–$0.00365
TP: $0.00370 / $0.00376 / $0.00383
SL: $0.00355
I'm waiting for a lower-timeframe higher low and buying confirmation before considering an entry.
No rushing. Let the price action confirm the opportunity.
#TradFiForBeginners #WillAnthropicListOnTime #CPITestsDecemberRateOutlook #JobsReportRaisesHikeOdds
Sometimes the most important market signal isn't a breakout, but how price behaves after leveraged positions get flushed. I'm watching whether PUMP can stabilize and attract fresh buying interest after this liquidation event.
🔴 Long Liquidation: $2.6502K at $0.00364
The liquidation around $0.00364 highlights pressure on leveraged buyers. If sellers continue dominating, another downside test is possible. However, a strong recovery could create an opportunity for a short-term rebound.
📊 Key Levels (Estimated):
Support S1: $0.00360
Support S2: $0.00354
Resistance R1: $0.00370
Resistance R2: $0.00378
🎯 Trading Setup:
EP: $0.00361–$0.00365
TP: $0.00370 / $0.00376 / $0.00383
SL: $0.00355
I'm waiting for a lower-timeframe higher low and buying confirmation before considering an entry.
No rushing. Let the price action confirm the opportunity.
#TradFiForBeginners #WillAnthropicListOnTime #CPITestsDecemberRateOutlook #JobsReportRaisesHikeOdds