$PUMP is showing an interesting setup on the 4H chart.
After a strong move up, price has pulled back sharply into the $0.0050–$0.0053 support area. This is the zone I’m watching closely because buyers have previously shown interest around here.
If this zone holds and we get a clear reaction, I’d be looking for a move back toward $0.0058 first, with $0.0060+ becoming possible if momentum returns.
I want to see how price reacts around the highlighted support before making a stronger move call. #pump
After a strong move up, price has pulled back sharply into the $0.0050–$0.0053 support area. This is the zone I’m watching closely because buyers have previously shown interest around here.
If this zone holds and we get a clear reaction, I’d be looking for a move back toward $0.0058 first, with $0.0060+ becoming possible if momentum returns.
I want to see how price reacts around the highlighted support before making a stronger move call. #pump