The irony of PUMP dumping -9.1% is not lost on me. $69.3M volume at 1.67x normal — this isn't a quiet fade, this is active selling.
4H RSI at 42.8 with MACD flat at zero — momentum is gone. Price is below the 7-MA ($0.00434) and hovering near the 25-MA ($0.00424). The daily chart is more concerning: price is now below the daily 7-MA ($0.00414), which was the last line of short-term defense.
LS ratio at 1.12 is slightly long-heavy, meaning there are longs that can still get shaken out. More pain possible.
📋 Trade Plan (SHORT):
• Entry: $0.00396 - $0.00419
• Stop Loss: $0.00454 (above the 4H 7-MA — a reclaim would flip the short-term structure)
• TP1: $0.00384 | TP2: $0.00372 | TP3: $0.00356
⚠️ Confidence: 68% — strong downtrend but surging volume could signal capitulation.
Is PUMP dead or just reloading? Show your position 👇
#PUMP #CryptoTrading #DYOR
⚠️ Not financial advice. Always do your own research and manage risk.
4H RSI at 42.8 with MACD flat at zero — momentum is gone. Price is below the 7-MA ($0.00434) and hovering near the 25-MA ($0.00424). The daily chart is more concerning: price is now below the daily 7-MA ($0.00414), which was the last line of short-term defense.
LS ratio at 1.12 is slightly long-heavy, meaning there are longs that can still get shaken out. More pain possible.
📋 Trade Plan (SHORT):
• Entry: $0.00396 - $0.00419
• Stop Loss: $0.00454 (above the 4H 7-MA — a reclaim would flip the short-term structure)
• TP1: $0.00384 | TP2: $0.00372 | TP3: $0.00356
⚠️ Confidence: 68% — strong downtrend but surging volume could signal capitulation.
Is PUMP dead or just reloading? Show your position 👇
#PUMP #CryptoTrading #DYOR
⚠️ Not financial advice. Always do your own research and manage risk.