$PUMP breaks above the 0.0045 level. There are two possible scenarios next:
① It retests 0.0045 and holds → the level turns into support, with the 24h high of 0.004731 as the next target
② It falls back below 0.0045 and fails to reclaim it → this is probably a false breakout, so don’t stay in the trade too long
Personally, I’m paying more attention to how the first retest plays out.
① It retests 0.0045 and holds → the level turns into support, with the 24h high of 0.004731 as the next target
② It falls back below 0.0045 and fails to reclaim it → this is probably a false breakout, so don’t stay in the trade too long
Personally, I’m paying more attention to how the first retest plays out.