After multiple rounds of bottom position churn and accumulation, PUMPUSDT on the 4-hour chart shows a very clear bullish advancement structure. The blogger, Gege, breaks down the logic behind PUMP’s next evolution based on its current technical pattern.
🔍 Core Trading Logic Breakdown:
Rising Base and Absorption of Sell Pressure: The chart shows that PUMP started building a base at 0.002153, then formed a second higher low at 0.003144. This indicates that buyers are continuously raising their entry/positioning cost.
Breakthrough Verification and Risk Control: When the price surges on increasing volume above 0.004114 and pushes up to 0.004671, it signals the end of the prior consolidation and accumulation phase. After sufficient sell pressure is absorbed, the price is likely to extend smoothly in the ensuing direction.
For such highly volatile instruments, while participating in line with the trend, closely anchor a defensive strength of 0.004114. Absolutely do not fight on without a stop-loss.
