Thoughts on #PUMP
$PUMP has completed a rounding bottom breakout on the weekly timeframe after spending months building the base. Following the breakout, $PUMP had a wild run over the past couple of weeks and is now undergoing a healthy retracement.
The boxed zone is the key area to watch for a potential spot entry. If $PUMP retraces into this zone and holds it as support, it could offer a good opportunity to add while the broader breakout structure remains intact.
$PUMP has completed a rounding bottom breakout on the weekly timeframe after spending months building the base. Following the breakout, $PUMP had a wild run over the past couple of weeks and is now undergoing a healthy retracement.
The boxed zone is the key area to watch for a potential spot entry. If $PUMP retraces into this zone and holds it as support, it could offer a good opportunity to add while the broader breakout structure remains intact.
