$PUMP building higher lows on the 1H, long setup inside
$PUMP · LONG · Conf 65%
Trade Plan:
Entry: 0.00425000 - 0.00430300
SL: 0.00415259
TP1: 0.00447347
TP2: 0.00464393
TP3: 0.00481440
TP4: 0.00498486
R:R about 3.0 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
PUMP/USDT 0.00430300, +4.87% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 50.7 with volume x0.36 against the 20-bar average.
- Price is working a rising wedge, which usually resolves sharply.
- Invalidation is unambiguous: through 0.00415259 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 0.00425000 · 0.00422300 · 0.00418567 | R 0.00435100 · 0.00437700 · 0.00441433
Debate:
Chasing a mover like PUMP at 51 RSI: edge, or someone else's exit?
Trade PUMP: spot https://www.binance.com/en/trade/PUMP_USDT | futures https://www.binance.com/en/futures/PUMPUSDT
$PUMP #PUMP #Write2Earn #PriceAction #TechnicalAnalysis
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
$PUMP · LONG · Conf 65%
Trade Plan:
Entry: 0.00425000 - 0.00430300
SL: 0.00415259
TP1: 0.00447347
TP2: 0.00464393
TP3: 0.00481440
TP4: 0.00498486
R:R about 3.0 to TP2 on the 1H
Conf is how many of our checks agree, not a win rate.
PUMP/USDT 0.00430300, +4.87% over 24h.
Why this setup?
- Price holding above the 200 EMA, long-term structure bullish
- EMA20 above EMA50, short-term momentum up
- 4H trend supportive
- RSI(14) at 50.7 with volume x0.36 against the 20-bar average.
- Price is working a rising wedge, which usually resolves sharply.
- Invalidation is unambiguous: through 0.00415259 the idea is simply wrong, so size it so that being wrong is survivable.
Key levels: S 0.00425000 · 0.00422300 · 0.00418567 | R 0.00435100 · 0.00437700 · 0.00441433
Debate:
Chasing a mover like PUMP at 51 RSI: edge, or someone else's exit?
Trade PUMP: spot https://www.binance.com/en/trade/PUMP_USDT | futures https://www.binance.com/en/futures/PUMPUSDT
$PUMP #PUMP #Write2Earn #PriceAction #TechnicalAnalysis
Automated technical analysis, not financial advice. I am not responsible for your trades. DYOR.
