$PUMP (PUMPUSDT) heading toward 0.002868; the 1H candle close needs volume confirmation.
The 4H timeframe is still above the EMA20 at 0.00270608, so the 0.002868 level is notable. The risk is that the volume is relatively new
Pair: PUMPUSDT
Scenario: LONG
Trigger: 1H candle closes above 0.002868 with volume not lower than the average of the last 20 candles
Entry: 0.002868
SL: 0.002761
TP1: 0.003029
TP2: 0.003125
R:R TP1: 1.50
Invalidation: 1H candle closes below 0.002761
Do you consider the 1H close above 0.002868 valid if the volume is only around the average of the last 20 candles?
#PUMP #Crypto
Analysis is for reference only and not investment advice.
The 4H timeframe is still above the EMA20 at 0.00270608, so the 0.002868 level is notable. The risk is that the volume is relatively new
Pair: PUMPUSDT
Scenario: LONG
Trigger: 1H candle closes above 0.002868 with volume not lower than the average of the last 20 candles
Entry: 0.002868
SL: 0.002761
TP1: 0.003029
TP2: 0.003125
R:R TP1: 1.50
Invalidation: 1H candle closes below 0.002761
Do you consider the 1H close above 0.002868 valid if the volume is only around the average of the last 20 candles?
#PUMP #Crypto
Analysis is for reference only and not investment advice.