SHORT SETUP ON $PUMP
Entry Zone: 0.005559 – 0.005608
TP1: 0.005320 | TP2: 0.00511
Stop Loss: 0.005776
PUMP is showing bearish momentum after a breakdown, with a potential short opportunity if the rejection holds within the entry zone.
Key risk: A short-term oversold bounce on the 15-minute chart could push price higher before any further downside continuation.
Wait for confirmation, manage your risk, and avoid going all-in. Keep your position size appropriate for your account.
Also keeping $XRP and $JCT on my watchlist today.
Entry Zone: 0.005559 – 0.005608
TP1: 0.005320 | TP2: 0.00511
Stop Loss: 0.005776
PUMP is showing bearish momentum after a breakdown, with a potential short opportunity if the rejection holds within the entry zone.
Key risk: A short-term oversold bounce on the 15-minute chart could push price higher before any further downside continuation.
Wait for confirmation, manage your risk, and avoid going all-in. Keep your position size appropriate for your account.
Also keeping $XRP and $JCT on my watchlist today.