$PUMP finally building a bottom for its next recovery move BIG LONG setup on $PUMP here
TP: $0.00610 → $0.00640
SL: $0.00520
$PUMP pulled back from the $0.0064–$0.0065 region and formed a series of lower highs, showing that sellers were controlling the trend. But the recent reaction near $0.00525–$0.00540 is interesting: buyers stepped in after another sharp dip, and the latest candle has pushed price back toward $0.00558.
That could be an early attempt to form a higher low, but the reversal is not confirmed yet.
I want to see PUMP hold above $0.00540 and reclaim $0.00570. If buyers break that local resistance, the next targets are $0.00610 and $0.00640.
TP: $0.00610 → $0.00640
SL: $0.00520
$PUMP pulled back from the $0.0064–$0.0065 region and formed a series of lower highs, showing that sellers were controlling the trend. But the recent reaction near $0.00525–$0.00540 is interesting: buyers stepped in after another sharp dip, and the latest candle has pushed price back toward $0.00558.
That could be an early attempt to form a higher low, but the reversal is not confirmed yet.
I want to see PUMP hold above $0.00540 and reclaim $0.00570. If buyers break that local resistance, the next targets are $0.00610 and $0.00640.