Update $PUMP
🔍 (4-hour chart):
The price is in areas of support and strategic accumulation. The price corrected from the previous peak and is approaching the key moving averages, while the RSI indicator is in regions of strong oversold. These are the areas where whales’ liquidity is usually found.
⏱️ 2. Precise timing (15-minute chart):
Despite the positivity of the higher timeframe, the 15-minute timeframe still shows a subordinate downtrend and temporary selling pressure.
🎯 Summary and final decision for entry:
The current zone is an excellent area to buy, but to avoid any further drop, the safest and most confirmed entry point is when it breaks the 0.004550 levels on the 15-minute chart and holds/anchors above them, so that the rise of the smaller timeframe aligns with support from the larger timeframe.
🔍 (4-hour chart):
The price is in areas of support and strategic accumulation. The price corrected from the previous peak and is approaching the key moving averages, while the RSI indicator is in regions of strong oversold. These are the areas where whales’ liquidity is usually found.
⏱️ 2. Precise timing (15-minute chart):
Despite the positivity of the higher timeframe, the 15-minute timeframe still shows a subordinate downtrend and temporary selling pressure.
🎯 Summary and final decision for entry:
The current zone is an excellent area to buy, but to avoid any further drop, the safest and most confirmed entry point is when it breaks the 0.004550 levels on the 15-minute chart and holds/anchors above them, so that the rise of the smaller timeframe aligns with support from the larger timeframe.