$PUMP THIS IS NOT A RANDOM LONG‼️
$PUMP has been cooling off after the big move, but the 1H chart is actually giving me a level I like.
🟢 TRADE PLAN LONG
Entry: 0.00424 – 0.00430
SL: 0.00412
TP: 0.00440 / 0.00455
Support: 0.00420 / 0.00412
Resistance: 0.00440 / 0.00455–0.00460
Why LONG?
$PUMP had a strong expansion, then instead of completely retracing the move, price started building a range between roughly 0.00420 and 0.00450. That tells me sellers haven't been able to take control yet. The key level for me is 0.00420. As long as that area holds, I'm interested in the upside. A clean break and hold above 0.00440 would be the confirmation I want for a move toward the recent high around 0.00455–0.00460.
OPEN TRADE 👇🏻
#NFA #pump
$PUMP has been cooling off after the big move, but the 1H chart is actually giving me a level I like.
🟢 TRADE PLAN LONG
Entry: 0.00424 – 0.00430
SL: 0.00412
TP: 0.00440 / 0.00455
Support: 0.00420 / 0.00412
Resistance: 0.00440 / 0.00455–0.00460
Why LONG?
$PUMP had a strong expansion, then instead of completely retracing the move, price started building a range between roughly 0.00420 and 0.00450. That tells me sellers haven't been able to take control yet. The key level for me is 0.00420. As long as that area holds, I'm interested in the upside. A clean break and hold above 0.00440 would be the confirmation I want for a move toward the recent high around 0.00455–0.00460.
OPEN TRADE 👇🏻
#NFA #pump
