$PUMP just jumped 10.8% to 0.004969, with $22.27 million in volume today. Anyone following?
Honestly, this is a bit of an awkward spot. It hasn’t risen that much, but funding is negative at -0.3%, which suggests some traders in the futures market are betting on a drop—and just got squeezed a bit.
I’m not telling you to chase it or short it; just a reminder: don’t rush in just because you see green. This coin is volatile, and if you don’t set your stop-loss properly, you could get burned. What are your positions looking like right now?
Honestly, this is a bit of an awkward spot. It hasn’t risen that much, but funding is negative at -0.3%, which suggests some traders in the futures market are betting on a drop—and just got squeezed a bit.
I’m not telling you to chase it or short it; just a reminder: don’t rush in just because you see green. This coin is volatile, and if you don’t set your stop-loss properly, you could get burned. What are your positions looking like right now?