$SOL go long
【pumpfun introduces holder rewards, cancels the cashback model】
Wu Says has learned that pumpfun has announced the introduction of holder rewards and the cancellation of the cashback model as a new token issuance option. From now on, creators can choose between the standard creator fee token and the holder rewards token. Existing cashback and creator fee tokens can also be converted to holder rewards, but once converted, it is irreversible. The fees generated by holder rewards tokens will go into pumpfun’s distribution wallet and, multiple times per hour, be distributed according to the holding ratio...
Based on on-chain data, recently there have been positive changes in large transfers and net inflows to exchanges. Coupled with favorable news sentiment, SOL’s buy-side momentum is building, and short-term upward momentum is expected to continue.
This news provides SOL with phased positive support; improved risk appetite drives capital back into crypto assets, and ETH, as the second-largest crypto asset by market cap, directly benefits from the sentiment rebound.
Entry: 101-102.2
Take profit: 103.9
Stop loss: 98.439
On the 1-hour timeframe, the price has already formed a bottom divergence pattern—price makes a new low, but MACD does not. This is a typical rebound signal. After a bottom divergence, there is usually a rebound lasting 5-8 candlesticks. It has just started now, and there is still room.
Looking at the 1-hour chart, the price has been moving sideways for several candles around 101.6. If it can’t drop further, that’s the strongest support signal. After such consolidation and buildup, it often breaks upward with a big bullish candle. If you wait without entering, and then chase after it rises, you’ll be passive.
The take-profit level is not set on a whim. It’s calculated from the 1-hour chart’s upper Bollinger Band and the prior consolidation high. 103.9 happens to be at the intersection of two resistance levels. By then, long position profit-taking and break-even exit orders will both hit at once, making it very difficult to pass in one go—so run early, as they say.
My stop loss is set relatively wide—not because I’m not afraid of losses, but because the 101.6 to 98.439 range is a normal volatility zone. If it’s too tight, you’ll get shaken out easily. But once 98.439 breaks, it’s no longer normal volatility—it’s a trend reversal, and you must exit decisively.
🔴 Click here to open a position 👉👉👉 $SOL
【pumpfun introduces holder rewards, cancels the cashback model】
Wu Says has learned that pumpfun has announced the introduction of holder rewards and the cancellation of the cashback model as a new token issuance option. From now on, creators can choose between the standard creator fee token and the holder rewards token. Existing cashback and creator fee tokens can also be converted to holder rewards, but once converted, it is irreversible. The fees generated by holder rewards tokens will go into pumpfun’s distribution wallet and, multiple times per hour, be distributed according to the holding ratio...
Based on on-chain data, recently there have been positive changes in large transfers and net inflows to exchanges. Coupled with favorable news sentiment, SOL’s buy-side momentum is building, and short-term upward momentum is expected to continue.
This news provides SOL with phased positive support; improved risk appetite drives capital back into crypto assets, and ETH, as the second-largest crypto asset by market cap, directly benefits from the sentiment rebound.
Entry: 101-102.2
Take profit: 103.9
Stop loss: 98.439
On the 1-hour timeframe, the price has already formed a bottom divergence pattern—price makes a new low, but MACD does not. This is a typical rebound signal. After a bottom divergence, there is usually a rebound lasting 5-8 candlesticks. It has just started now, and there is still room.
Looking at the 1-hour chart, the price has been moving sideways for several candles around 101.6. If it can’t drop further, that’s the strongest support signal. After such consolidation and buildup, it often breaks upward with a big bullish candle. If you wait without entering, and then chase after it rises, you’ll be passive.
The take-profit level is not set on a whim. It’s calculated from the 1-hour chart’s upper Bollinger Band and the prior consolidation high. 103.9 happens to be at the intersection of two resistance levels. By then, long position profit-taking and break-even exit orders will both hit at once, making it very difficult to pass in one go—so run early, as they say.
My stop loss is set relatively wide—not because I’m not afraid of losses, but because the 101.6 to 98.439 range is a normal volatility zone. If it’s too tight, you’ll get shaken out easily. But once 98.439 breaks, it’s no longer normal volatility—it’s a trend reversal, and you must exit decisively.
🔴 Click here to open a position 👉👉👉 $SOL