$PUMP Long position 10x | Buyers must defend this critical zone.
PUMP has reached the long position zone that I had defined. I am already positioned, but buyers need to keep control at this level.
Trading plan:
- Entry : 0,00445 – 0,00447
- TP1 : 0,00454 (R:R 1:0,7)
- TP2 : 0,00459 (R:R 1:1,3)
- TP3 : 0,00467 (R:R 1:2,0)
- SL : 0,00436
Why this setup?
- Above all, this is a position trade: bullish structure on the 4-hour timeframe, bullish daily context, and the price reaction between 0,00445 and 0,00447.
- The RSI15 at 48 allows buyers to push prices higher, provided they hold the line.
- Volume is at 0,57x, with 66,89 million traded versus 118,32 mill
Entry : 0,00445 – 0,00447
TP1 : 0,00454 (R:R 1:0,7)
TP2 : 0,00459 (R:R 1:1,3)
TP3 : 0,00467 (R:R 1:2,0)
SL : 0,00436
between 0,00445 and 0,00447.
Enter now, or wait for a breakout above the resistance?
PUMP has reached the long position zone that I had defined. I am already positioned, but buyers need to keep control at this level.
Trading plan:
- Entry : 0,00445 – 0,00447
- TP1 : 0,00454 (R:R 1:0,7)
- TP2 : 0,00459 (R:R 1:1,3)
- TP3 : 0,00467 (R:R 1:2,0)
- SL : 0,00436
Why this setup?
- Above all, this is a position trade: bullish structure on the 4-hour timeframe, bullish daily context, and the price reaction between 0,00445 and 0,00447.
- The RSI15 at 48 allows buyers to push prices higher, provided they hold the line.
- Volume is at 0,57x, with 66,89 million traded versus 118,32 mill
Entry : 0,00445 – 0,00447
TP1 : 0,00454 (R:R 1:0,7)
TP2 : 0,00459 (R:R 1:1,3)
TP3 : 0,00467 (R:R 1:2,0)
SL : 0,00436
between 0,00445 and 0,00447.
Enter now, or wait for a breakout above the resistance?
