$PUMP is approaching an important decision zone after weeks of price consolidation.
Currently trading around $0.00416, PUMP is testing a major demand zone between $0.00375 and $0.00400, an area that has attracted buyers several times in the past.
I’m watching for a potential liquidity sweep into this support zone, followed by a bullish reaction. If buyers defend this area, #PUMP could start recovering toward $0.00480, which is my next upside target.
However, losing the demand zone could expose price to further downside. #PUMP #Macro Insights# #Bullish
Currently trading around $0.00416, PUMP is testing a major demand zone between $0.00375 and $0.00400, an area that has attracted buyers several times in the past.
I’m watching for a potential liquidity sweep into this support zone, followed by a bullish reaction. If buyers defend this area, #PUMP could start recovering toward $0.00480, which is my next upside target.
However, losing the demand zone could expose price to further downside. #PUMP #Macro Insights# #Bullish
