More than 40 people reportedly were laid off before vesting; about 50 billion team tokens unlocked afterward; $PUMP is still stuck below 0.00229, and I’ve set a reminder at 0.00229.
――― Direction: The news is hot enough, but the price hasn’t confirmed yet—wait for 0.00229.
Yesterday’s disclosed contradiction is very direct: employees claim they were laid off before token vesting, and the team then unlocked roughly 50 billion tokens. The controversy may spark discussion, but discussion alone can’t absorb potential supply.
The price hasn’t cooperated with the narrative either. The most recent completed 1h candlestick closed at 0.002232, with volume only 1.12x the average of the previous 20 bars. EMA7 has risen to 0.002195 and moved above EMA25 at 0.002148, yet the 72-hour high of 0.002289 still hasn’t been reclaimed.
I originally planned to raise my observation level to 0.00222, but after seeing the volume I adjusted it back to 0.00218. If a pullback holds here, I’ll just observe; only after a full 1h closes with increased volume above 0.00229, and the pullback doesn’t break, will I consider entering. Stop-loss at 0.00212.
If it breaks below 0.00212 first, the reminder is immediately canceled. The louder the news, the more the price must first prove that buyers are willing to step in.
――― Direction: The news is hot enough, but the price hasn’t confirmed yet—wait for 0.00229.
Yesterday’s disclosed contradiction is very direct: employees claim they were laid off before token vesting, and the team then unlocked roughly 50 billion tokens. The controversy may spark discussion, but discussion alone can’t absorb potential supply.
The price hasn’t cooperated with the narrative either. The most recent completed 1h candlestick closed at 0.002232, with volume only 1.12x the average of the previous 20 bars. EMA7 has risen to 0.002195 and moved above EMA25 at 0.002148, yet the 72-hour high of 0.002289 still hasn’t been reclaimed.
I originally planned to raise my observation level to 0.00222, but after seeing the volume I adjusted it back to 0.00218. If a pullback holds here, I’ll just observe; only after a full 1h closes with increased volume above 0.00229, and the pullback doesn’t break, will I consider entering. Stop-loss at 0.00212.
If it breaks below 0.00212 first, the reminder is immediately canceled. The louder the news, the more the price must first prove that buyers are willing to step in.