$PUMP Long Liquidation Alert: $1.53K at $0.00311
A quick long liquidation just hit, shaking out weak hands and creating momentum for potential follow-through. This correction is healthy — it clears excess leverage and sets up a cleaner move.
Insights:
Bulls were trapped near $0.00312, triggering rapid liquidations.
Price is now testing key support around $0.00308–$0.00310.
Resistance sits near $0.00314–$0.00315, which could cap any immediate bounce.
Support & Resistance:
Support: $0.00308, $0.00305
Resistance: $0.00314, $0.00318
Targets:
TG 1: $0.00314 – Initial recovery if support holds.
TG 2: $0.00318 – Next level for buyers.
TG 3: $0.00322 – Extended target on strong follow-through.
I’m watching this zone closely — if $0.00308 holds, buyers could step in for a swift bounce.
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