💢 Why hasn’t the $PUMP coin dropped?
The market maker intentionally prevents it from dropping to deep correction levels for two reasons:
1) Trapping sellers (Bear Trap): It convinces traders that the price has reached the peak and will fall, so they place short sells (Short), then it quickly rebounds against them.
2) Denying entry (FOMO): It prevents waiting buyers at the bottom from riding the wave, forcing them to buy at higher peaks out of fear of missing the opportunity.
🛠️ Updated trading plan to match the market maker
⚡ Smart buy: on every touch of the average at around 0.0052
🛑 Stop loss: 0.00490
🎯 Rising targets:
First target: break the current high 0.0054
Second target: 0.0062
Third target: 0.0069
The market maker intentionally prevents it from dropping to deep correction levels for two reasons:
1) Trapping sellers (Bear Trap): It convinces traders that the price has reached the peak and will fall, so they place short sells (Short), then it quickly rebounds against them.
2) Denying entry (FOMO): It prevents waiting buyers at the bottom from riding the wave, forcing them to buy at higher peaks out of fear of missing the opportunity.
🛠️ Updated trading plan to match the market maker
⚡ Smart buy: on every touch of the average at around 0.0052
🛑 Stop loss: 0.00490
🎯 Rising targets:
First target: break the current high 0.0054
Second target: 0.0062
Third target: 0.0069