$PUMP latest market update 🚀
Long/Short: ranging
Entry: 0.004735–0.004851
Stop loss: 0.004616
Targets: 0.004913/0.005009/0.005129
Analysis rationale: Honestly, the market is just outrageous right now. The EMA is still a dashed line and it’s just flat out ignoring everyone. Take a look at the RSI too—47.5. Seeing that number is enough to make your stomach churn. In plain terms, this market is all about grinding. You can see the price oscillating around 0.004793, but you really want to know when there will be a breakout or a breakdown. However, at the moment there isn’t much to say. Be careful—the stop-loss level is already set at 0.004616, so you still need to be cautious. Also, control your own position size.
Risk warning: Suggested stop-loss: 0.004616. Adjust your position size according to your own risk tolerance
#PUMP
Long/Short: ranging
Entry: 0.004735–0.004851
Stop loss: 0.004616
Targets: 0.004913/0.005009/0.005129
Analysis rationale: Honestly, the market is just outrageous right now. The EMA is still a dashed line and it’s just flat out ignoring everyone. Take a look at the RSI too—47.5. Seeing that number is enough to make your stomach churn. In plain terms, this market is all about grinding. You can see the price oscillating around 0.004793, but you really want to know when there will be a breakout or a breakdown. However, at the moment there isn’t much to say. Be careful—the stop-loss level is already set at 0.004616, so you still need to be cautious. Also, control your own position size.
Risk warning: Suggested stop-loss: 0.004616. Adjust your position size according to your own risk tolerance
#PUMP