$PUMP #PUMP 📉
Direction: SHORT
Entry zone: 0.00338 to 0.00342
Stop loss: 0.00350
Target 1: 0.00332
Target 2: 0.00325
Pump.fun is trading near 0.003393 dollars, down 5.77 percent in 24 hours, inside a range of 0.003356 to 0.003656 dollars, and the recent closes show sellers pressing the low, 0.00348951, then 0.00339491, then 0.00339919, then 0.00335976, then 0.00339276. 🔴 My reading is that PUMP is pinned near its 24 hour low after the hot CPI print, because the coin has spent the evening drifting lower while Bitcoin steadies, which is the pattern of a coin with no buyers stepping in yet. A short from the current zone, with a stop above 0.00350, targets 0.00332 first and then 0.00325 if sellers break the range low. A push above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Pump.fun break 0.00332 first, or bounce back above 0.00350? 🤔
Follow for more trades.
#Pumpfun #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 0.00338 to 0.00342
Stop loss: 0.00350
Target 1: 0.00332
Target 2: 0.00325
Pump.fun is trading near 0.003393 dollars, down 5.77 percent in 24 hours, inside a range of 0.003356 to 0.003656 dollars, and the recent closes show sellers pressing the low, 0.00348951, then 0.00339491, then 0.00339919, then 0.00335976, then 0.00339276. 🔴 My reading is that PUMP is pinned near its 24 hour low after the hot CPI print, because the coin has spent the evening drifting lower while Bitcoin steadies, which is the pattern of a coin with no buyers stepping in yet. A short from the current zone, with a stop above 0.00350, targets 0.00332 first and then 0.00325 if sellers break the range low. A push above the stop kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Pump.fun break 0.00332 first, or bounce back above 0.00350? 🤔
Follow for more trades.
#Pumpfun #Crypto #FuturesTrading #TradingSignals
